If Luther acquires the new fleet of delivery trucks using a capital lease, Luther's debt-to-equity ratio will be closest to ________
Luther Industries currently has the following balance sheet (in Thousands of dollars):
Assets Liabilities
Cash $500 Debt $4,500
Property, Plant, and Equipment $7,000 Equity $3,000
Total Assets $7,500 Total Debt plus Equity $7,500
Luther is about to add a new fleet of delivery trucks. The price of the fleet is $1.5 million.
A) 0.66
B) 1.5
C) 0.80
D) 2.0
Answer: D
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Describe the Service Science, Management and Engineering initiative created by IBM
What will be an ideal response?
Providing employees with overtime opportunities is especially beneficial when the increased need for human resources is short term.
Answer the following statement true (T) or false (F)
The _____ is a message-response system that automatically replies to e-mails in the employee's absence
Fill in the blank(s) with correct word