Foreman Outfitters, a Retail Store of Camping Supplies, Has Total

question 59

Short Answer

Foreman Outfitters, a retail store of camping supplies, has total assets of $170,000 and total liabilities of $70,000.What is Foreman's debt-to-equity ratio?

---

Definitions:

Administrative Supplies

Items and materials used in the day-to-day administration and functioning of an office or organization.

Disposable Sheaths

Protective covers, often made of plastic or rubber, designed to be used once and then discarded to prevent contamination and ensure hygiene.

Insurance Forms

Documents required for processing insurance claims or applying for insurance policies.

Bandages

Materials used to support, protect, or compress injuries or wounds to control bleeding, absorb fluids, or hold dressings in place.