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Author Question: Team Shirts has current assets of 162,348; total assets of 210,837; current liabilities of 86,941; ... (Read 61 times)

ARLKQ

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on: Jul 5, 2018
Team Shirts has current assets of 162,348; total assets of 210,837; current liabilities of 86,941; total liabilities of 101,745; and shareholders' equity of 109,092. Calculate the debt-to-equity ratio.
 
  A) 188
  B) 53
  C) 93
  D) 193

Question 2

For a strong internal control system over cash, it is important to have the duties related to cash receipts and cashpayments divided among different employees.
 a. True
  b. False
 
   Indicate whether the statement is true or false


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Jordin Calloway

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

True


ARLKQ

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

Jossy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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