问题
单项选择题
Use the following data for Questions. Bentlom Company’s common sized financial statements show that: Earnings after taxes 15 % Current liabilities 20% Equity 45 % Sales $ 800 Cash 10% Total assets $ 2000 Accounts receivable 15% Inventory. 20% |
Bentlom’ s long-term debt-to-equity ratio and current ratio are closest to:（）
A. 77.8% ;2.25.
B. 98.2% ;2. 50.
C. 98.2% ;2. 25.
答案
参考答案：A
解析：
If equity equals 45% of assets and current liabilities equals 20%, long-term debt must be 35%. Debt-to-equity ratio = total long-term debt/total equity =0.35/0.45 = 0.778 = 78%. Current asset =0.1 +0.15 +0.20 =0.45. Current ratio = CA/CL =45%/20% =2.25.