Company A has assets of $2,000,000, liabilities = 400,000 and equity = $1,600,000.
What is the debt to asset ratio for Company A?
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Selected Answer: |
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Correct Answer: |
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Response Feedback: |
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Unit 5 chapter 6 quiz
· Question 1 2 out of 2 points
· Question 2 2 out of 2 points
· Question 3 2 out of 2 points
· Question 4 2 out of 2 points
· Question 5 2 out of 2 points
· Question 6 2 out of 2 points
Thursday, November 2
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Unit 6 chapter 7 quiz
· Question 1
2 out of 2 points
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The 200X records of Thompson Company showed beginning inventory of $6,000, cost of goods sold of $14,000 and ending inventory of $8,000. The cost of purchases for 200X was: |
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· Question 2
2 out of 2 points
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Post Company began the current month with $10,000 in inventory, then purchased inventory at a cost of $35,000. The inventory at the end of the month was $20,000.The cost of goods sold would be: |
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· Question 3
2 out of 2 points
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Following is the inventory activity for July:
What is the ending inventory $ amount using the FIFO method? |
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· Question 4
2 out of 2 points
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Following is the inventory activity for July:
What is the ending inventory $ amount using the LIFO method? |
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Unit 6 chapter 8 quiz
· Question 1
2 out of 2 points
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A company lends its CEO $150,000 for 3 years at a 6% annual interest rate. Interest payments are to be made twice a year. Each interest payment will be for: |
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· Question 2
2 out of 2 points
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Which of the following is true? |
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· Question 3
2 out of 2 points
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Post Company lends Blue Company $40,000 on April 1, accepting a 4 month, 4.5% interest note. Post Company prepares financial statements on April 30. What adjusting entry should they make? |
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Thursday, Novembe
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