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Author Question: GuGa's Shirt Company has current assets of 48,790; total assets of 536,780; current liabilities of ... (Read 152 times)

plus1

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on: Jul 5, 2018
GuGa's Shirt Company has current assets of 48,790; total assets of 536,780; current liabilities of 43,000; total liabilities of 323,786; and shareholders' equity of 212,994. Calculate the debt-to-equity ratio.
 
  A) 113
  B) 60
  C) 152
  D) 66

Question 2

A self-employment tax is a contribution to the
 a. charities of the individual owner's choice.
   b. SUTA programs.
   c. FUTA programs.
   d. Social Security and Medicare programs.


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shewald78

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

C

Answer to Question 2

d


plus1

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Reply 2 on: Jul 5, 2018
:D TYSM

sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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