This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A station has a current ratio of .80 and a debt-to-equity ratio of 3. What does this tell you about ... (Read 164 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Aug 11, 2018
A station has a current ratio of .80 and a debt-to-equity ratio of 3. What does this tell you about the financial condition of this facility?
 
  What will be an ideal response?

Question 2

Owners Equity = Assets  Liabilities
 
 

True
  False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aburgess

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Aug 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
Reply #2 on: Aug 11, 2018
Thanks


aburgess

  • Sr. Member
  • ****
  • Posts: 361
Reply #3 on: Aug 11, 2018
Welcome :)


« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

The oxygen isotope curve illustrates the ratio between 16O and 18O. The oxygen isotope curve illustrates the ratio between 16O and 18O.
The New Solar Power Station Near Seville, Spain The New Solar Power Station Near Seville, Spain
Concentric double-pipe heat exchanger for counter-current flow Concentric double-pipe heat exchanger for counter-current flow
Concentric double-pipe heat exchanger for co-current flow Concentric double-pipe heat exchanger for co-current flow
Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ... Sequential blending uses a computer to calculate the correct ratio as well as the prescribed order ...
Magnetic Force on a Current Carrying Conductor Magnetic Force on a Current Carrying Conductor
Video: Fractures Animation

For a complete list of videos, visit our video library