The Balance Sheet of Gatekeeper Reports Total Liabilities of $2,000,000

question 33

Multiple Choice

The balance sheet of Gatekeeper reports total liabilities of $2,000,000.The debt to equity ratio is 2.5.What is Gatekeeper's stockholders' equity?

• A)$800,000
• B)$320,000
• C)$1,000,000

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Definitions:

Organizational Design Decisions

Pertain to the process of shaping an organization's structure and roles to align with business goals, strategies, and processes.

Functional Design

The process of creating products, systems, or structures with a focus on optimal functionality.

Strategic Choices

The decisions made by an organization in order to achieve its long-term goals.

Hotel Industry

A sector dedicated to providing lodging services, hospitality, and accommodations to travelers and guests.