Answer:
total debt ratio = 0.3532
Explanation:
given data
total assets = $485,390
net fixed assets = $250,000
current liabilities = $23,456
long-term liabilities = $148,000
to find out
total debt ratio
solution
we get here total debt ratio that is express as
total debt ratio = ( current liabilities + long-term liabilities ) ÷ total assets ........1
put here value we get
total debt ratio =
total debt ratio = 0.3532
The correct answer for the question that is being presented above is this one: "D. Most politicians do not care about helping the people become more prosperous."
Here are the following choices:
<span>A. Politicians will follow bad economic policies in order to attract votes.
B. Most politicians have a very poor understanding of the principles of economics.
C. Politicians do not care about what is good for their citizens.
D. Most politicians do not care about helping the people become more prosperous.</span>
Answer:
Most bookkeepers will prepare three major financial statements for your business—the profit and loss statement, balance sheet, and cash flow statement. It's a good idea to have updated financial statements every month, and then again at year end