question

complete computer services reports total assets of $1,000, total liabilities of $200, and total equity of $800.

what is complete computer services debt ratio?

answer

80%

500%

20%

50%

i dont know yet

Question

question

complete computer services reports total assets of $1,000, total liabilities of $200, and total equity of $800.

what is complete computer services debt ratio?

answer

80%

500%

20%

50%

i dont know yet

Accepted Answer

{ "quality": "clear", "question_count": 1, "skills_matched": [ "step_cot", "multiple_choice_formatter", "explain_then_answer", "quick" ], "needs_drawing": false, "concepts_used": [ "Debt Ratio Formula", "Debt Ratio Calculation" ], "new_concepts": [], "current_concepts": [ "Debt Ratio Formula", "Debt Ratio Calculation" ] } ## Identify the given values $$ \begin{aligned} &\text{Total Assets} = \$1,000 \ &\text{Total Liabilities} = \$200 \ &\text{Total Equity} = \$800 \end{aligned} $$ ## Apply the debt ratio formula $$ \begin{aligned} \text{Debt Ratio} &= \frac{\text{Total Liabilities}}{\text{Total Assets}} \ &= \frac{\$200}{\$1,000} \ &= 0.20 = 20\% \end{aligned} $$

80%

500%

20%

50%

I don't know yet

{ "subject": "Business", "question_type": "Multiple Choice", "knowledge_point": [ "Business", "Accounting", "Debt Ratio Calculation" ] }

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QUESTION IMAGE

Question

Explanation:

Identify the given values

Apply the debt ratio formula

Answer: