Alexander Corp Calculate the Debt to Equity Ratio

question 192

Multiple Choice

Alexander Corp.has the following balances as of December 31,2017: $$\begin{array} { | l | r | } \hline \text { Total Assets } & \$ 110,000 \\\hline \text { Total Liabilities } & 67,000 \\\hline \text { Total Equity } & 43,000 \\\hline\end{array}$$ Calculate the debt to equity ratio.(Round your answer to two decimal points. )

• A)0.64
• B)0.92
• C)1.56
• D)2.56

---

Definitions:

Role Playing

A method for learning or therapeutic intervention where individuals act out roles in a controlled setting to gain insight into themselves or others.

Fundamental Attribution Error

The tendency for observers to underestimate situational influences and overestimate personal disposition and traits when interpreting others' behavior.

Compassionate Personality

A compassionate personality is characterized by a habitual inclination towards empathy and concern for others, and a desire to help those in suffering.

Weak Economy

An economic state characterized by slow growth, high unemployment, and underperforming industries, often leading to reduced consumer spending and lower standards of living.