Shipley Corporation Has Provided the Following Data from Its Most

question 259

Multiple Choice

Shipley Corporation has provided the following data from its most recent balance sheet: $\begin{array}{lr}\text {Total assets. }&\$760,000\\\text {Total liabilities }&\$590,000\\\text {Total stockholders' equity }&\$170,000\\\end{array}$
The debt-to-equity ratio is closest to:

• A)0.29
• B)3.47
• C)0.22
• D)0.78

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Definitions:

Acting Out

Acting out is the expression of emotional conflict or feelings through actions, often inappropriate or disruptive, as a substitute for verbal expression.

Humanistic

An approach in psychology that emphasizes empathy and stresses the good in human behavior.

Hypotheses

Proposed explanations or predictions for specific phenomena, typically based on limited evidence, to be tested through further investigation.

Tentative Explanations

Preliminary hypotheses or guesses made to explain a phenomenon, subject to further confirmation or refutation.