A firm has total assets of 1910000 it has 810000 in, Financial Management

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A firm has total assets of 1910000 it has 810000 in

1. A firm has total assets of $1,910,000. It has $810,000 in long-term debt. The stockholders equity is $610,000. What is the debt to total asset ratio?

None of the items

84%

78%

68%

2. What is the purpose of internal controls in a business? What is something that could happen if the proper internal controls are not in place?

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Financial Management: A firm has total assets of 1910000 it has 810000 in

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Financial Management: A firm has total assets of 1910000 it has 810000 in

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