Fibonacci Property Management's Balance Sheet Shows Total Liabilities of $5

question 13

Multiple Choice

Fibonacci Property Management's balance sheet shows total liabilities of $5 million and total assets of $13 million.Interest bearing liabilities total $3 million (book value) .The market value of Fibonnacci's equity is $21 million.What is Fibonacci's debt ratio?

• A).38
• B).23
• C).125
• D).24

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Definitions:

Financial Ratio

A quantitative measure derived from a company's financial statements used to gauge its performance, financial health, and conditions.

Progress Control

A management technique that involves the monitoring and evaluating of the progress of a project or plan to ensure it meets its objectives within the designated time frame.

SWOT Analysis

A strategic planning technique used to identify a company's internal Strengths and Weaknesses, as well as its external Opportunities and Threats.

Staircase Analysis

A step-by-step approach to dissect and understand the progression or development of an event, process, or data set.