Alpha Company provided the following balance sheet for Year 2: Assets Cash Accounts receivable Inventory Prepaid...

 

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Alpha Company provided the following balance sheet for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' Equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity What is the company's plant assets to long-term liabilities ratio? Multiple Choice O O 1.38 2.70 3.29 None of these answers is correct. $ 3,800 5,950 10,250 1,300 28,400 20,500 $70,200 $ 2,600 7,400 10,500 14,500 35, 200 $70,200 Alpha Company provided the following balance sheet for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' Equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity What is the company's plant assets to long-term liabilities ratio? Multiple Choice O O 1.38 2.70 3.29 None of these answers is correct. $ 3,800 5,950 10,250 1,300 28,400 20,500 $70,200 $ 2,600 7,400 10,500 14,500 35, 200 $70,200 Alpha Company provided the following balance sheet for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' Equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity What is the company's plant assets to long-term liabilities ratio? Multiple Choice O O 1.38 2.70 3.29 None of these answers is correct. $ 3,800 5,950 10,250 1,300 28,400 20,500 $70,200 $ 2,600 7,400 10,500 14,500 35, 200 $70,200 Alpha Company provided the following balance sheet for Year 2: Assets Cash Accounts receivable Inventory Prepaid expenses Plant and equipment, net of depreciation Land Total assets Liabilities and stockholders' Equity Accounts payable Salaries payable Bonds payable (due in ten years) Common stock, no par Retained earnings Total liabilities and stockholders' equity What is the company's plant assets to long-term liabilities ratio? Multiple Choice O O 1.38 2.70 3.29 None of these answers is correct. $ 3,800 5,950 10,250 1,300 28,400 20,500 $70,200 $ 2,600 7,400 10,500 14,500 35, 200 $70,200

Answer rating: 100% (QA)

Answer D None of these answer us correct The longterm debt ratio formula is calculated by dividing the companys total longterm liabilities by its tota... View the full answer