Alpha Company Provided the Following Balance Sheet for 2014

question 1

Multiple Choice

Alpha Company provided the following balance sheet for 2014: What is the company's plant assets to long-term liabilities ratio?

• A) 2.5
• B) 4.5
• C) 1.7
• D) None of these answers is correct.

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Definitions:

Shipping Ltd.

A type of business company specialized in the transportation of goods by sea.

S.S. Oxford

Depending on context, could refer to a specific ship or vessel named Oxford; without additional context, a specific definition cannot be provided.

Personally Liable

Holding personal responsibility to settle a debt or legal judgment, affecting one's own assets and finances.

Reverts

Returns to a previous state or condition, often after a temporary change.