Bach Instruments had total assets of $560,000;total liabilities of $250,000;and total Stockholders' Equity of $310,000.Bach's debt ratio is:
A) 55.4%.
B) 80.6%.
C) 44.6%.
D) 28.7%.
Correct Answer:
Verified
Q123: A company will want a lower interest
Q125: The debt ratio equals total assets divided
Q130: Livingston Organization had total assets of $600,000;total
Q131: Vintage Boutique reported Interest expense of $5,200,Income
Q132: The interest coverage ratio equals interest expense
Q136: Mackey Company has a 5-year mortgage for
Q139: EBIT is also called operating profit.
Q140: A debt ratio of 0.50 (50%)would mean
Q140: The percentage of a company's total assets
Q146: Which of the following statements is TRUE
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents