A COMPANY'S MOST RECENT BALANCE SHEET SHOWS THE FOLLOWING VALUES (...

91. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014

91.

A company's most recent balance sheet shows the following values (NZ$ thousands): Accounts payable 3,800Long-term debt 5,590Other long-term liabilities 800Common stock 1,200Retained earnings 1,810The company’s debt-to-capital ratio is closest to: A. 1.86. B. 0.65. C. 0.77.