Answer:
firm must borrow $288000 to achieve the target debt ratio
Explanation:
given data
assets = $720,000
debt to total capital ratio = 40%
to find out
How much must the firm borrow to achieve the target debt ratio
solution
we get here debt here by Debt to Total capital ratio that is express as
Debt to Total capital ratio = Debt ÷ ( Debt + Equity ) ....................1
put here value we get debt
0.40 = 
debt = $288000
so firm must borrow $288000 to achieve the target debt ratio
Answer: $70,000
Explanation:
Accounts Receivable at the beginning of the year amounted to $16,000
During the year, $64,000 of credit sales were made to customers.
ending balance in Accounts Receivable amounted to $10,000, and uncollectible accounts expense amounted to $4,000,
The Amount to appear in the operating activities section of the cash flow statement is
$16,000+$64,000-$10,000= $70,000
Answer:
it a person that is in line to be the nexted manger
Explanation:
Grand Total + Total Bill Subtotal Sales Tax (7.9%)
Total Tip (20%)
Each Pays + Sales tax of 7.9% towards $80.00 is $6.32
A tip of 20% towards $86.32 is $17.26
does this help?
