The Following Information Is Available for the Thomas Company

question 66

Multiple Choice

The following information is available for the Thomas Company: What is the debt-to-equity ratio at December 31,2009?

• A)27%
• B)41%
• C)46%
• D)51%

Learn key principles of food safety to prevent foodborne illnesses.

Recognize strategies for preventing accidental burns in the home.

Understand proper disposal techniques for solid waste and unused medications.

Know the procedures for emergency situations requiring the use of restraints and the legal implications.

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Definitions:

Price Takers

Market participants who accept the prevailing market price as they cannot influence it due to their small market share.

Pricing Strategies

Plans or methods used by businesses to set prices for their products or services in order to maximize profitability and market share.

Pure Competition

A market structure characterized by a large number of small firms, a homogeneous product, and free entry and exit which leads to price taking behavior.

Barriers To Entry

Elements that obstruct or impede the ability of businesses to penetrate a particular market or sector.