Jordan Manufacturing reports the following capital structure: Current liabilities $100,000 Long-term debt 400,000 Deferred income taxes 10,000 Preferred stock 80,000 Common stock 100,000 Premium on common stock 180,000 Retained earnings 170,000 What is the debt ratio?
a. 0.48
b. 0.49
c. 0.93
d. 0.96
e. None of the answers are correct.
B
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Samara interviewed for a management position and was just asked back for a second interviewer with the head of the department. If she does well in this second interview, she will move on to an interview with the company president. What type of interview format is this?
A) Group interview B) Stress interview C) Sequential interview D) Panel interview
Companies in Italy and Japan use less debt in their capital structures than companies in the United States and Canada.
Answer the following statement true (T) or false (F)
When did Kearns finally end his infringement case against Ford?
a. 1990 b. 1977 c. 1971 d. None of the above
What would you pay for a stock whose price you estimate will be $50 in 10 years and you wish to earn a return on the investment of 9% per year?
Ignore brokerage commissions and tax implications and assume the stock pays no dividends during the holding period. A) $45 B) $41 C) $21.10 D) $15