Question
If current assets are $84,000 and total assets are $234,000, what percentage of total assets are the current assets? Multiple Choice 28 percent 3.3 percent
If current assets are $84,000 and total assets are $234,000, what percentage of total assets are the current assets?
Multiple Choice
28 percent
3.3 percent
36 percent
26 percent
A firm has current liabilities of $32,000, stockholders' equity of $74,000 and total assets of $200,000. The percentage of total liabilities to total assets is
Multiple Choice
37 percent
63 percent.
79 percent.
16 percent.
A firm reported total liabilities of $50,000 and total stockholders' equity of $150,000. The amount of total liabilities is ____________________ percent of total assets.
Multiple Choice
12.5 percent
16.7 percent
33 percent
25 percent
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started