Answer:
Castle State Bank's equity multiplier is 2.2
Explanation:
Total Assets = $2,200
Total Liabilities and Equity = $2200
Net Loans = $1,200
Total Equity = $2,200 - $1,200 = $1,000
Equity multiplier = Total Assets / Total Shareholders Equity
Equity multiplier = 2,200 / $1,000
Equity multiplier = 2.2
Total Assets is equal to Total equity and Liabilities. Total equity and Liabilities includes the balance of Both equity and liabilities. Total equity is calculated by subtracting Total Loans from Total equity and Liabilities.
Answer:
b) $600,000
Explanation:
The break-even sales can be regarded as sales value in which the result makes the firm to report zero profit.
Total fixed costs was given from the question as ( $180,000)
The Contribution margin ratio was give from the question as ( 30%)= 0.3
✓break even point can be calculated as ratio of Total fixed costs to Contribution margin ratio. This can be expressed as
break even point=[Total fixed costs ]/ [ Contribution margin ratio.]
Substitute,
break even point= [ $180,000]/ [0.3]
=$600,000
Because they hate math and money
Answer:
The correct answer is letter "B": False.
Explanation:
Social loafing is the act in which employees underperform while given tasks individually compared when working in groups. Under this scenario, it is unlikely employers would provide extra compensation to workers because their productivity does not justify the reward.