The 2013 and 2014 Partial Balance Sheets for Ottoman Manufacturing

question 80

Multiple Choice

The 2013 and 2014 partial balance sheets for Ottoman Manufacturing Company appear below: What is the debt-to-equity ratio for 2014?

• A)2.19
• B)1.80
• C)1.25
• D)0.46

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Definitions:

High-Variety

Refers to the broad range of product types and options available to consumers, typically seen in manufacturing and service industries.

Job Shop Environment

A manufacturing system in which small batches of a variety of custom products are made or services are provided.

Newsprint

A type of low-cost, non-archival paper predominantly used to print newspapers, as well as other publications and advertising material.

Canned Vegetables

Vegetables that have been processed, sealed in an airtight container such as a can, and subjected to heat to extend their shelf life.