The Following Partial Balance Sheet Is Provided for Groome Company

question 48

Multiple Choice

The following partial balance sheet is provided for Groome Company: $$\begin{array}{l}\text { Liabilities and Stockholders' Equity }\\\begin{array} { l r } \text { Accounts payable } & \$ 9,000 \\\text { Salaries payable } & 12,000 \\\text { Bonds payable (due in ten years) } & 20,000 \\\text { Common stock, no par } & 30,000 \\\text { Retained earnings } & 54,000 \\\text { Total liabilities and stockholders' equity } & \$ 125,000\end{array}\end{array}$$ What is the company's debt to assets ratio? (Rounded to nearest whole percent.)

• A) 49%
• B) 16%
• C) 33%
• D) Cannot be determined with the information given.

Grasp the concept of stressors as harmful, threatening, or challenging situations and their perception.

Learn the symptoms and causes of posttraumatic stress disorder (PTSD).

Comprehend the impact of life events on individuals and the quantification of stress through life change units.

Understand the role of health psychology in studying the impact of biological, psychological, and social factors on health.

---

Definitions:

Frequent Shopper

A customer who regularly purchases from the same retailer or brand, potentially benefiting from loyalty programs or discounts.

Award

Recognition given for achieving a specific accomplishment or meeting a particular criteria.

Key Revenue Drivers

Critical factors or activities that significantly influence a company's revenue generation capability.

Customers

People who populate the segments of a market served by the offering.