A firm has total assets of $2000000. It has $900000 inlong-term debt. The stockholders equity is $900000. What is thetotal debt to asset ratio?A) 45%B) 40%C) […]
XYZs receivables turnover is 10x. The accounts receivable atyear-end are $600000. The average collection period is 90 days (3months). What was the sales figure for the […]
The ______________ method of inventory costing is least likelyto lead to inflation-induced profits.A) FIFOB) LIFOC) Weighted averageD) Lower of cost or market