At the End of the Current Year,James Co

question 240

Multiple Choice

At the end of the current year,James Co.reported total liabilities of $300,000 and total equity of $100,000.The company's debt ratio was:

• A)300%.
• B)33%.
• C)75%.
• D)67%.
• E)$400,000.

---

Definitions:

Homosexuality

A sexual orientation characterized by romantic or sexual attraction between people of the same sex.

Genetics

The branch of biology that studies genes, heredity, and variation in living organisms.

Monozygotic Twin

Twins derived from a single fertilized egg, resulting in two individuals with identical genetic makeup.

Dizygotic Twin

Also known as fraternal twins, are two siblings born from separate eggs fertilized by different sperm cells, sharing about 50% of their DNA.