Answer and Explanation:
1. a. The computation of the current debt-to-equity ratio is shown below:-
Equity = Total Assets - Total Liabilities
= $705,000 - $135,000
= $570,000
Debt-to-equity ratio = Total Liabilities ÷ Equity
= $135,000 ÷ $570,000
= 23.68%
b. The computation of the debt-to-equity ratio is shown below:-
Debt-to-equity ratio = Total Liabilities ÷ Equity
= ($670,000 + $135,000) ÷ $570,000
= $805,000 ÷ $570,000
= $1.41
2. Because the higher the debt-to-equity ratio is the greater the financial risk involved, if funds are lent, the amount of equity stays the same while the amount of debt increases, as the debt rises in the capital structure, the funding is more risky, the debt-to-equity ratio measured becomes greater after borrowing the money, thereby raising the risk of the financing system.
Answer: the top two in brand and the fourth one in brand to, the rest in line
Explanation:
Answer:
I'm not an expert at this, but a benefit of going to work after graduation first could be to earn enough money for college in the future. This would be good if someone else isn't paying for you're college or they don't have enough money themselves to pay for you.
Answer:
22.38%
Explanation:
Given that,
Operating profit before interest and tax = $519,233
Net income = $318,022 thousand
Provision for income taxes = $91,720 thousand
Net non-operating expense before tax = $109,491 thousand
Mattel’s statutory tax rate for 2016 = 37%
Income before income tax:
= Net Income + Provision for income taxes
= $318,022 Thousand + $91,720 Thousand
= $409,742 Thousand
Effective tax rate:
= (Provision for Income taxes ÷ Income before tax) × 100
= ($91,720 Thousand ÷ $409,742 Thousand) × 100
= 0.2238 × 100
= 22.38%