Total debt to total assets ratio
Course:- Accounting Basics
Reference No.:- EM13128843

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Accounting Basics

Venture Corporations total assets are 3 times greater than total equity; total equity is 50% of total liabilities. The total debt to total assets ratio is

A) .67

B) .75

C) .87

D) undeterminable with the information given.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
The company will purchase the carpets from a local distributor for $350 each, with the privilege of returning any unsold units for a full refund. Jerry's club has offered Co
The inventory valuation method that has the advantages of assigning an amount to inventory on the balance sheet that approximates its current cost, and also mimics the actual
What portion of the July 1 distribution must be reported by shareholders as a dividend? Brown Corp, a calendar-year corporation, had AEP at the beginning of 2000 of $40,000 an
What are the four criteria used for determining if a lease is to be treated as a capital lease? Do you agree that the criteria are sufficient or should there be more (or les
KTM, Polaris, and Arctic Cat are all competitors in the global marketplace. Comparative figures for KTM (www.KTM.com), along with selected figures from Polaris and Arctic Cat,
It is the end of the accounting period, and your boss asks you to help determine the inventory balance to place in the company's balance sheet. Explain which physical quanti
Prepare all appropriate journal entries relative to uncollectible accounts and bad debt expense. Show the year-end balance sheet presentation for accounts receivable.
The standard variable factory overhead rate is $5.00/machine hour. The actual variable factory overhead incurred during the period was $8,000. The variable factory overhead