2. If a company's assets are $100,000, liabilities are $50,000, and equity is $50,000, what is...

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2. If a company's assets are $100,000, liabilities are $50,000, and equity is $50,000, what is the company's debt-to- equity ratio? a) 0.5 b) 1 c) 2 d) 1.5 3. Which accounting principle requires that expenses be recorded in the same period as the revenue they help to generate? a) Matching principle b) Conservatism principle c) Revenue recognition principle 2. If a company's assets are $100,000, liabilities are $50,000, and equity is $50,000, what is the company's debt-to- equity ratio? a) 0.5 b) 1 c) 2 d) 1.5 3. Which accounting principle requires that expenses be recorded in the same period as the revenue they help to generate? a) Matching principle b) Conservatism principle c) Revenue recognition principle