Hardister Corp

question 1

Multiple Choice

Hardister Corp. Hardister Corp. has the following information available from its financial statements for 2012:
Refer to the Hardister Corp. information above. Hardister's debt-to-equity ratio is: (round to two decimal places)

• A) .50.
• B) .43.
• C) .75.
• D) .25.

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Definitions:

Total Assets

The sum of all assets owned by a company, as reported on the balance sheet, that are expected to provide future economic benefits.

Integrated Disclosures

Reporting that combines financial, environmental, and social performance information into a single, cohesive document, aiming to provide a more comprehensive view of an organization's performance.

SEC

The Securities and Exchange Commission, a federal agency responsible for enforcing federal securities laws and regulating the securities industry.

Form 10-K

An annual report required by the U.S. Securities and Exchange Commission (SEC), providing a comprehensive overview of a company's performance.