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.

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Definitions:

Implications

Possible results or effects of an action or decision, often indirect or not immediately obvious.

Internal Locus

The belief that one has control over their own life and outcomes, as opposed to external forces having that control.

Physically Abused

Experiencing harm or injury to the body inflicted by another person.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from traumatic events or persistent failure.