Data from the financial statements of Albi Foods and Unimart, Ic., two national grocery chains are presented below:Albi FoodsUnimart, Inc.Total liabilities, 2021$43,610$23,817Total liabilities, 2020 ..48,23921,935Total assets, 202164,74329,652Total assets, 2020 ....67,58232,589Revenue, 2021200,69381,494Net income, 2021 ...2,3121,062To the nearest hundredth, what is the 2021 debt-to-equity ratio for Albi Foods?Select one:А. 2.27В. 2.49С. 2.06D. 0.67 Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below:Albi FoodsUnimart, Inc.Total liabilities, 2021$43,610$23,817Total liabilities, 2020 ..48,23921,935Total assets, 202164,74329,652Total assets, 202067,58232,589Revenue, 2021200,69381,494Net income, 2021..2,3121,062To the nearest hundredth of a percent, what is the 2021 return on equity ratio for Albi Foods?Select one:A. 10.94%В. 11.42%C. 11.95%D. 5.30%

Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below: Albi Foods Unimart, Inc. Total liabilities, 2021 $43,610 $23,817 Total liabilities, 2020 48,239 21,935 Total assets, 2021 64,743 29,652 Total assets, 2020 67,582 32,589 Revenue, 2021 200,693 81,494 Net income, 2021 ... 2,312 1,062 To the nearest hundredth, what is the 2021 debt-to-equity ratio for Albi Foods?

Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below: Albi Foods Unimart, Inc. Total liabilities, 2021 $43,610 $23,817 Total liabilities, 2020 48,239 21,935 Total assets, 2021 64,743 29,652 Total assets, 2020 67,582 32,589 Revenue, 2021 200,693 81,494 Net income, 2021 ... 2,312 1,062 To the nearest hundredth, what is the 2021 debt-to-equity ratio for Albi Foods?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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