Fibonacci Property Management's balance sheet shows total liabilities of $5 million and total assets of $13 million. Interest bearing liabilities total $3 million (book value)
The market value of Fibonnacci's equity is $21 million. What is Fibonacci's debt ratio?
A) .38
B) .23
C) .125
D) .24
Answer: A
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Describe the function of brand-tracking studies
What will be an ideal response?
In the BCG growth-share matrix, question marks refer to products or businesses with a ________
A) low market share in a niche market B) low market share in a market with high growth prospects C) greater market share than all their competitors combined in a saturated market D) high market share in a market with a high growth rate E) low market share in a market that is set to shrink significantly
A firm sold an investment in securities available for sale originally costing $30,000, for $28,000 . At the beginning of the year, the investment had a valuation allowance of $3,000, debit. What is the correct disclosure for these events in the statement of cash flows prepared under the direct method, assuming this is the only investment in securities available for sale?
a. $28,000 investing cash inflow; add $33,000 in the reconciliation of earnings and net operating cash flow b. $28,000 investing cash inflow; add $2,000 in the reconciliation of earnings and net operating cash inflow c. $28,000 investing cash inflow; add $5,000 in the reconciliation of earnings and net operating cash inflow d. Add $5,000 in the reconciliation of earnings and net operating cash flow. e. None of these answers is correct.
A well-run team is usually not
a. Inflexible b. Productive c. Innovative d. Adaptable