On the Balance Sheet,a Company Reports Total Assets of $8

question 80

Multiple Choice

On the balance sheet,a company reports total assets of $8 million,common shares (book value) of $4 million,and retained earnings of $2 million.The debt-to-equity ratio is:

• A) 0.33
• B) 1.00
• C) 2.00
• D) 3.00

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Definitions:

Deduction Theorem

A principle in logic stating that if a particular conclusion can be logically derived from a set of premises, then the implication of these premises leading to that conclusion is also true.

Gender Discrimination

Involves rewarding men and women differently for the same work.

Pleasure Principle

A psychoanalytic concept suggesting that individuals seek pleasure and avoid pain to satisfy their biological and psychological needs.

Freud's Personality

A theory by Sigmund Freud that human personality is complex and has three distinct parts: the id, ego, and superego.