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

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 190 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
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
Answer to Question 1

TRUE

Answer to Question 2

TRUE





 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library