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:

Employee Preferences

The various desires or priorities of employees, such as work conditions, benefits, and job roles.

Clan Cultures

Describes organizational cultures emphasizing family-like values, where loyalty, tradition, and personal relationships are paramount.

Performance-Reward Agreements

Contracts or understandings that link the achievement of specific performance levels to designated rewards or benefits.

Resource Allocations

The management and distribution of available resources, such as time, money, and personnel, within an organization or project to ensure efficiency and effectiveness.