Total debt ratio is the ratio of total debt to total assets
i.e
Total debt ratio = Total debt / Total assets
But Total assets is nothing but total equity plus total debt
Now let us consider,
TD = Total debt
TE = Total equity
TA= Total assets
Therefore,
Total debt ratio = TD/TA
But as mentioned above
TA = TD + TE
total debt ratio = Total debt/(total debt+total equity)
total debt ratio = .34(given)
.34 = TD / (TD + TE)
Solving this equation yields:
0.34 = 1/(1+ TE/TD)
0.34(1+TE/TD) = 1
0.34 + 0.34TE/TD =1
.34(TE/TD) = 1 - 0.34
0.34 (TE/TD) = 0.66
0.34TE = 0.66TD
Now, Debt equity ratio is the ratio of Total debt to total equity
Debt-equity ratio = TD / TE
Debt-equity ratio = 0.34 / 0.66
Debt-equity ratio = 0.51515152
The False statement is " An annual financial report must be filed with the state of California's Department of Insurance "
Explanation:
The 1974 Employee Retirement Income Protection Act is a federal tax and labour statute on pension schemes in privately owned industry. This provides guidelines on the federal revenue tax effects of employee benefit arrangements activity.
Congress has promulgated ERISA to create a uniform federal legislation regulating benefit arrangements for workers. ERISA restricts states ' ability to enforce laws on welfare benefits for workers, including health insurance coverage provided by the government.
Under ERISA, a social welfare plan is an employer's medical, surgical or hospital care plan, program or fund to provide. Sickness benefits, injury benefits, disability insurance or death benefits. Payments for unemployment.
Explanation:
Sovereignty, in political theory, the ultimate overseer, or authority, in the decision-making process of the state and in the maintenance of order. ... Derived from the Latin superanus through the French souveraineté, the term was originally understood to mean the equivalent of supreme power.
Answer:
Consumer surplus
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price the consumer pays.
For A, the consumer surplus is $49 - $44 = $5
For B, the consumer surplus is $71 - $63= $8
Producer surplus is the difference between the least price a producer is willing to sell his product and the price he actually receives from the sale of the product.
I hope my answer helps you
Answer:
$30
Explanation:
Producer surplus is the difference between the willingness to pay of consumers and the amount a seller is willing to sell his product.
For the first piano, producer surplus = $135 - $115 = $20
For the second piano, producer surplus = $135 - $125 = $10
For the third and fourth piano, the amount David is willing to collect exceeds the willingness to pay of customers, hence no transaction would take place.
Total producer surplus = $20 + $10 = $30
I hope my answer helps you