A Company Reports Total Assets of $920,000 and Stockholders' Equity

question 18

Multiple Choice

A company reports total assets of $920,000 and stockholders' equity of $520,000.Calculate the debt ratio.(Round your answer to two decimal places. )

• A)36.11%
• B)43.48%
• C)56.52%
• D)76.92%

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Definitions:

Symmetric

In mathematics, describing a shape or system that is identical in form on both sides of a central axis.

Histogram

A graphical representation of data that groups the data into ranges or bins and displays the frequency of data within each range using bars.

Bins

Categories or intervals used for grouping similar data points together in data analysis or histograms.

Histogram

A graphical representation of the distribution of numerical data, where the data is grouped into ranges and plotted as bars.