Answer:
(a) 62%
(b) 3.83 times
(c) Yes
Explanation:
(a) Ellie's debt ratio:
= Total Debt ÷ Total assets
= $39 million ÷ $63 million
= 0.62 or 62%
(b) Ellie's times interest earned ratio:
= Interest ÷ EBIT
= $23 million ÷ $6 million
= 3.83 times
(c) Yes, it has enough times interest ratio.
If Interest expenses increased to $7 Million, then
Company could easily raise more debt to finance additional funding needs.
Answer: $8500
Explanation:
Since the total amount of estimated tax liability for 2018 is $18000 and the tax withholding is $9500$, then the balance tax payable for 2018 will be:
= $18000 - $9500
= $8500
Therefore, the minimum amount of total estimated tax that Randy must pay in 2018 in order to avoid a penalty for underpayment of estimated taxes will be $8500
Answer:
manufacturer --> explicit cost
wages and utilities --> explicit cost
implicit cost --> rent of the showroom
implicit cost --> accountant salary
Explanation:
Implicit cost:
A cost already occurred but not necessarily shown or reported as a separate expense. It represents the opportunity cost of internal resources used without explicit compensation. The loss of potential income. but not of profits.
Resuming Implicit cost comes from the use of an asset, rather than renting or buying it.
Explicit cost:
Is a cost that occurs, identificable and accounted. It occurs during business operations and has a clearly defined dollar amount.
Explicit and implicit costs are utilized in the calculation of economic profit. They are used to determinate profitable of a business
The first blank should be filled with production cost, while the second blank should be filled with, downwards.
<h3>Supply Curve Dynamics</h3>
By convention, price is a function of demand and supply.
However, in case scenarios, when suppliers of inputs increase input prices, the manufacturer's production cost is increased and this in turn shifts the supply curve downwards.
Read more on supply curves;
brainly.com/question/26430220
I believe that’s false because entrepreneurs create business opportunities by themselves
