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wariber [46]
2 years ago
7

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

Business
1 answer:
kotegsom [21]2 years ago
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.

To now more about Debt

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Williams company computed its cost per equivalent unit for direct materials to be $2.60 and its cost per equivalent unit for con
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Jane is conducting interviews in order to develop a customer profile for her client. She customizes each interview to each parti
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Answer:

Unstructured interview.

Explanation:

Unstructured interview are type of interview, where question are not preset or prearranged. Question asked in this type of interview are more informal and open ended, which allow interviewe to talk in depth and put his own point of view in his or her word. There is always purpose to conduct unstructured interview. People who conduct unstructured interview are well informed about the candidate and information, which he want out of respondent.

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Given the following data: Treasury Bill Maturity DTM Bid Asked Mar 90 1.20 1.15 If you invest $10,000 today at the risk-free ra
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Answer: $10029

Explanation:

Based on the information given in the question, if $10000 is invested today at the risk-free rate, the amount that'll be received in 90 days will be calculated thus:

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Therefore, the answer is $10029

7 0
3 years ago
Explain in detail the various of cottage industry.​
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Answer:

A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.

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3 years ago
Lantz Company has provided the following information: • Cash sales totaled $255,000. • Credit sales totaled $479,000. • Cash col
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Answer:

The amount of Lantz's operating revenue is $734,000

Explanation:

The computation of the operating revenue is shown below:

= Total cash sales + Total credit sales

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