A company's balance sheet shows $225 million in real assets (equipment, trucks, intermediate goods) and $25 million in cash. Owners' equity equals $125 million. No preferred. Its debt must be:
a) $75 million
b) $100 million
c) $125 million
d) $150 million
Ans: c) $125 million
Business
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Grievance mediation differs from arbitration in that
a. grievance mediation does not use the services of an arbitrator. b. the results are not "final and binding." c. witnesses are not allowed to testify. d. the labor agreement may be ignored if both parties agree.
Business
Companies may find that they are unable to purchase insurance from private insurance firms if
a. they are very small. b. they have a high accident rate. c. they are in a high-risk industry. d. all of the above.
Business