Question
34. Debt-to-total assets (D/TA) ratio is .4. What is its debt-to-equity (D/E) ratio? a) .2 b) .6 c) .667 d) .333 35. A firm's operating
34. Debt-to-total assets (D/TA) ratio is .4. What is its debt-to-equity (D/E) ratio?
a) .2 b) .6
c) .667
d) .333
35. A firm's operating cycle is equal to its inventory turnover in days (ITD)
a) plus its receivable turnover in days (RTD).
b) minus its RTD.
c) plus its RTD minus its payable turnover in days (PTD).
d) minus its RTD minus its PTD.
36. If the following are balance sheet changes: Rs. 5,005 decrease in accounts receivable Rs. 7,000 decrease in cash Rs. 12,012 decrease in notes payable Rs. 10,001 increase in accounts payable a "use" of funds would be the:
a) Rs. 7,000 decrease in cash. b) Rs. 5,005 decrease in accounts receivable. c) Rs. 10,001 increase in accounts payable. d) Rs. 12,012 decrease in notes payable.
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