The debt ratio for Dana Dairy Products in 2013 was ________.(See Table 3.2)
A) 50 percent
B) 11 percent
C) 55 percent
D) 44 percent
C
You might also like to view...
When advertising is combined with other marketing efforts into a larger, more integrated effort revolving around a theme; it is known as a promotional campaign
Indicate whether the statement is true or false
The creative process typically begins with a period of
A. cognitive dissonance. B. verification. C. insight. D. preparation. E. incubation.
Generally, employees of nonagricultural, private-sector firms are entitled to benefits for work-related accidents and illnesses leading to temporary or permanent disabilities under:
A. ERISA. B. the Social Security Act. C. the Federal Unemployment Tax Act. D. workers' compensation.
Kilduff Corporation's balance sheet and income statement appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$36 $38 Accounts receivable 36 32 Inventory 49 55 Property, plant and equipment 707 580 Less accumulated depreciation 316 315 Total assets$512 $390 Liabilities and stockholders' equity: Accounts payable$71 $64 Accrued liabilities 22 19 Income taxes payable 34 41 Bonds payable 71 100 Common stock 32 30 Retained earnings 282 136 Total liabilities and stockholders' equity$512 $390 Income Statement?Sales$1,174Cost of goods sold 771Gross margin 403Selling and administrative expense 146Net operating income257Gain on sale of equipment
14Income before taxes271Income taxes 81Net income $190The company sold equipment for $19 that was originally purchased for $10 and that had accumulated depreciation of $5. The company paid a cash dividend of $44 and it did not issue any bonds payable or repurchase any of its own common stock.The net cash provided by (used in) financing activities for the year was: A. $(44) B. $2 C. $(71) D. $(29)