Recent Financial Statement Data for Harmony Health Foods (HHF)Inc A)075
B)1

question 127

Multiple Choice

Recent financial statement data for Harmony Health Foods (HHF) Inc.is shown below.HHF's debt to equity ratio is (rounded to two decimal places) : $$\begin{array} { | l | r | l | r | } \hline \text { Current liabilities } & \$ 180 & \text { Income before interest and taxes } & \$ 125 \\\hline 10 \% \text { Bonds, long-term } & \underline{360} & \text { Interest expense } & \underline{36} \\\hline \text { Total liabilities } & \underline{540} & \text { Income betore tax } & 89 \\\hline \text { Stockholders' equity } & & \text { Income tax } & 27 \\\hline \text { Common stock } & 200 & \text { Net income } & \underline{\$ 62} \\\hline \text { Retained earnings } & 280 & & \\\hline \text { Total stockholders' equity } & \underline{480} & & \\\hline \text { Total liabilities and equity } & \$ 1,020 & & \\\hline\end{array}$$

• A)0.75.
• B)1.13.
• C)0.38.

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Definitions:

Decrease Target Behavior

A behavior modification strategy aiming to reduce or eliminate an undesired or problematic behavior.

Unhealthy Eating

A pattern of consuming food that is detrimental to one's health, often involving too much or too little of certain nutrients.

Causal Inferences

The process of drawing a conclusion about a causal connection based on the conditions of the occurrence of an effect.

Hugging

The act of embracing someone with one's arms as a form of physical intimacy or affection.