Given the Balance Sheet Below,what Is the Simple Leverage Ratio

question 9

Multiple Choice

Given the balance sheet below,what is the simple leverage ratio?

• A) 1.25
• B) 0.25
• C) 5.00
• D) 4.00
• E) 1.00

---

Definitions:

Cellulose

A complex carbohydrate comprised of glucose units, forming the primary structural component of plant cell walls.

Brown Algae

Brown algae are a group of multicellular marine plants known for their distinctive brown or olive color, which results from the presence of the pigment fucoxanthin.

Largest Protists

Protists, being a diverse group of eukaryotic organisms, range in size, with the largest ones like kelp reaching lengths of several meters.

Golden Algae

Golden algae are a group of algae belonging to the class Chrysophyceae, known for their distinctive yellow and brown carotenoid pigments.