A Company Has Total Liabilities of $550 Million and Total

question 69

Multiple Choice

A company has total liabilities of $550 million and total equity of $300 million.Calculate this company's debt ratio.

• A)64.7%
• B)100%
• C)54.5%
• D)1.83 to 1
• E)The debt ratio cannot be determined without additional information.

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Definitions:

Family Function

The various operations and interactions within a family system, including emotional support, communication, and problem solving.

Middle Childhood

A developmental stage that occurs roughly between the ages of 6 and 11 years, characterized by significant growth in cognitive, emotional, and social domains, as well as increased independence and self-awareness.

Peer Relationships

Social connections between individuals of similar age, which are crucial for emotional and social development.

Self-Respect

The regard for one’s own standing or position, characterized by pride in oneself and one’s achievements and a respect for one’s own dignity and worth.