Table 18-8 Peartree Company Provides the Following Data

question 117

Multiple Choice

Table 18-8
Peartree Company provides the following data:
Peartree Company
Balance Sheet
December 31,2017 Peartree Company
Income Statement
For the Year Ended December 31, 2017 * Sales revenue is all on account
-Refer to Table 18-8.What is Peartree's debt-to-equity ratio at year-end 2017?

• A) 0.60:1
• B) 0.92:1
• C) 1.33:1
• D) 0.67:1

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Definitions:

Insincere

Lacking honesty and genuine feelings; not expressing true intentions.

Innocuous Statements

Innocuous statements are remarks or comments that are harmless and not intended to offend or provoke controversy.

Concessions

Certain compromises or allowances made by a party in a negotiation or discussion to reach an agreement.

Likability

Likability refers to the qualities that make an individual appealing or attractive to others, often contributing to positive interpersonal relationships.