Jennings Co. has total assets of $457.0 million. Its total liabilities are $126.5 million. Its equity is $330.5 million. Calculate the debt ratio. (Round your answer to 1 decimal place.)
A. 38.3%.
B. 16.1%.
C. 14.4%.
D. 35.3%.
E. 27.7%.
Answer: E
You might also like to view...
All of the following are factors needed when calculating the future value of money EXCEPT ________.
A) the principal amount B) the number of periods C) the maturity value D) the interest rate
The World Trade Organization evolved from which of the following?
A. Mercosur B. General Agreement on Tariffs and Trade C. Truman Doctrine D. Marshall Plan
Limited partners can have their name used in the partnership name and still have limited liability
Indicate whether the statement is true or false
The price of a product is $1 a unit. A firm can produce this good with variable costs of $0.50 per unit and total fixed costs of $100. a. What is the break?even level of output? b. What is the break?even level of output if fixed costs increase to $180 and variable costs decline to $0.40 per unit?
What will be an ideal response?