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:

Multiple Regression

An analytical approach to examining how a dependent variable is influenced by two or more independent variables.

Explanatory Variables

Variables in a statistical model that are used to explain variations in the dependent variable; also known as independent variables.

Statistical Significance

Indicates that the result of an analysis or experiment is unlikely to have occurred purely by chance, at a specified significance level.

SATM Scores

Scores from the math section of the SAT, a standardized test widely used for college admissions in the United States.