Financial Statements for Nardella Company Appear Below

question 18

Multiple Choice

Financial statements for Nardella Company appear below:
-Nardella Company's debt-to-equity ratio at the end of Year 2 was closest to:

• A) 0.31
• B) 0.23
• C) 0.70
• D) 0.54

---

Definitions:

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.

Specific Tariff

A type of tax levied on imports that is based on a specific amount of money per unit of the good imported, rather than on its value.

World Price

The global market price of a product, influenced by worldwide conditions of supply and demand.

World Price

The worldwide market value of a good or service, shaped by international demand and supply forces.