[Answered] Sports and More Inc has total assets of 162,500. If total equity is 72,250, find the debt-to-assets ...

This topic contains a solution. Click here to go to the answer

Author Question: Sports and More Inc has total assets of 162,500. If total equity is 72,250, find the debt-to-assets ... (Read 159 times)

LaDunn

Hero Member
Posts: 526

on: Jun 24, 2018

Sports and More Inc has total assets of 162,500. If total equity is 72,250, find the debt-to-assets ratio. (Round to the nearest hundredth)
A) 1.38:1
B) 1.29:1
C) .56:1
D) .44:1

Question 2

Solve for the rate, rounding to tenths if necessary: 897 is _____ of 403
Fill in the blank(s) with correct word

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

brittrenee

Sr. Member
Posts: 321

Reply #1 on: Jun 24, 2018

Answer to Question 1

C

Answer to Question 2

222.58

LaDunn

Member
Posts: 526

Reply 2 on: Jun 24, 2018

Gracias!

peter

Member
Posts: 330

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

« previous next »

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.