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1 year ago

A firm has total debt of $1,380 and a debt-equity ratio of .23. what is the value of the total assets?

1 answer:

6 0

A company has a debt-to-equity ratio of.23 and total debt of $1,380. The overall assets have a value of $7,380.00.

What Is a Debt?

When one party borrows something—usually money—from another, it is said to be in debt. Many companies and people borrow money to pay for significant expenses that they otherwise wouldn't be able to cover. A debt agreement allows the borrower to take out a loan with the condition that it will be paid back later, usually with interest.

Loans, including credit card debt, auto loans, personal loans, and mortgages, are the most prevalent kind of debt. A loan's terms stipulate that the borrower must pay back the loan's remaining balance by a particular deadline, usually several years down the road.

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At Halsted Medical Products Corp., all assembly workers must wear specialized gear to prevent possible injuries from minute part

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Answer:

b. Feedforward control

Explanation:

Feedforward control is a form of proactive control that includes measures that pertain to prevent certain consequences and safety hazards. This company wants to prevent their employees form getting injured from particles during manufacturing. So, this is an example of feedforward control, that aims to prevent, not react.

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3 years ago

Hakimo Corp., a manufacturer of audio equipment, has developed a unique wireless speaker system that runs on solar power. The sp

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Answer:

<u>discontinuous innovation.</u>

Explanation:

Discontinuous innovation occurs when a new product is launched in the market that influences the design of new consumption habits, new value and new market.

They can also be called radical technological innovation, as they not only add value to an existing product, but create a product that can meet needs that were not possible with a previous product, so it is justified to say that there is a new product and market, such as analog cameras and digital cameras.

There is greater risk and cost in creating a product of discontinuous innovation than incremental product continuation, because creating something new involves many processes, time and costs, and there is still the possibility that the product will not be accepted in the marketplace. Therefore, it is essential for the company to conduct research and development, marketing research, create something that adds value and has a low cost to consumers, and then invest effectively in discontinuous innovation.

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3 years ago

Riverbed Company sells goods that cost $320,000 to Ricard Company for $407,000 on January 2, 2020. The sales price includes an i

Alecsey [184]

Answer:

a) Journal entries to record the sale on January 2, 2020:

Debit Accounts Receivable with $407,000

Credit Sales Account with $368,500

Credit Deferred Revenue (Installation Fee) with $38,500

Being sales of goods and installation services.

b) Income Statement for 1st Quarter of 2020

Sales - $368,500

Installation Fee - $19,250

Total Income - $387,750

less cost of sales - $320,000

Net Income - $67,750

c) The revenue Shaw should recognize in relation to the sale to Ricard is $387,750 (goods and accrued installation fee). The installation fee to be recognized is for 3 months only.

Explanation:

The installation fee is for 6 months. Therefore, 3 months' worth of fee will be recognized in the income statement ending on March 31, 2020.

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2 years ago

Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 413,000 Cost of goods sold (all

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Answer:

Option (d) is correct.

Explanation:

Given that,

Sales = $ 413,000

Cost of goods sold (all variable) = $ 169,100

Total variable selling expense = $ 20,700

Total fixed selling expense = $ 17,900

Total variable administrative expense = $ 13,100

Total fixed administrative expense = $ 30,400

Gross margin:

= Sales - Cost of goods sold

= $ 413,000 - $ 169,100

= $243,900

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3 years ago

Another term that means the same thing as "insurance company" is:

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3 years ago