Karma Company Has Total Assets of $190,000 and Total Liabilities

question 165

Multiple Choice

Karma Company has total assets of $190,000 and total liabilities of $90,000.The company's debt-to-equity ratio is closest to which of the following?

• A) 0.32 to 1.
• B) 0.47 to 1.
• C) 0.53 to 1.
• D) 0.90 to 1.

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Definitions:

Tibia

The larger, weight-bearing bone located in the lower leg between the knee and ankle.

Greater Trochanter

The Greater Trochanter is a prominent bony projection on the femur's lateral side, serving as an attachment site for several hip muscles.

Lateral Femur

The lateral femur refers to the outer side of the femur, which is the thigh bone, being the longest and strongest bone in the human body.

Patella

A small circular bone located in the front of the knee joint, also known as the kneecap, which protects the knee and connects to the quadriceps and patellar tendons.