The debt ratio:
a. excludes short-term liabilities.
b. excludes noncontrolling shareholders' interests.
c. includes deferred tax liabilities.
d. excludes redeemable preferred stock.
c
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They agreed to admit Ramelow into the business for a one-fifth interest in the new partnership. Ramelow contributes $27,000 cash in exchange for the partnership interest. Assume that Floyd and Merriam shared profits and losses in a 3:1 ratio before the admission of Ramelow. Which of the following is the correct journal entry to record the above admission?
Floyd and Merriam start a partnership business on June 12, 2019. Their capital account balances as of December 31, 2020 stood as follows:
In a perpetual inventory system, when cash sales are recorded, ________.
A) merchandise inventory decreases and cost of goods sold decreases B) sales revenue increases and cash decreases C) sales revenue increases and cost of goods sold decreases D) merchandise inventory decreases and cost of goods sold increases
Bullying behaviors have been found to be four times more common than______.
A. social loafing B. safety violations C. sexual harassment D. workplace violence
A company must accommodate an employee's special needs up to the point of undue hardship
Indicate whether the statement is true or false