Orem Corporation's current liabilities are $750,680, its long-term liabilities are $449,820, and its working capital is $1,051,000. If the corporation's debt-to-equity ratio is 0.49, total long-term assets must equal:
A. $316,820
B. $1,848,820
C. $2,450,000
D. $2,599,500
Answer: B
Business
You might also like to view...
Which moral hazard of human resource management treats employees like inanimate objects or impersonal goods?
A. regarding employees as mere commodities B. exploitation C. defining people in economic terms D. carelessness when it comes to safety
Business
Explain the three basic axioms that support the concept of service-dominant logic.
What will be an ideal response?
Business
Placing an advertisement on only the three major television networks (ABC, CBS, and NBC) is called narrowcasting.
Answer the following statement true (T) or false (F)
Business
The direct market environment includes customers, competitors, and the IRS.
Answer the following statement true (T) or false (F)
Business