Instructions: Write your current savings and everything that you own (clothes, pen, pencil , etc.), Put the estimated amount parallel to your assets or things you owned. Compute the total. .Write the amount that you owed from your friends, family members, parents (tuition). Deduct the amount you owed from the amount they own. Associate the amounts owned with assets and amount owed with liabilities with the net amount as equity.. FORMAT ASSETS P TOTAL ASSETS LIABILITIES From EQUITY

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.