Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Changing Geography Of Banking And Finance

Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro

1st Edition

1441947205, 978-1441947208

Students also viewed these Finance questions