A Company Had Total Assets of $350,000; Total Liabilities of $101,500;

question 95

Short Answer

A company had total assets of $350,000; total liabilities of $101,500; and total equity of $248,500.Calculate its debt ratio.

---

Definitions:

Disparities

Inequalities or differences often observed in healthcare, education, employment, and other sectors, typically among varied demographic groups.

Underrepresentation

describes the insufficient or unequal representation of a group in a particular context or field, often highlighting disparities.

Achieved

Success or accomplishment in reaching a goal through effort, skill, or courage.

Unachieved

Refers to goals, objectives, or statuses that have not been reached or accomplished.