Answer:
15.16 percent
Explanation:
Debt Equity ratio measures the ratio of the debt to its equity.
Formula for debt equity ratio is as follow
Debt / Equity ratio = Debt of the company/ Equity of the company
As per given data
Equity = $383,333.33 + 0.31($61,000) = $402,243
Debt = $61,000
Placing values in the formula
Debt / Equity ratio = $61,000 / $402,243
Debt / Equity ratio = 15.16%
A, a group of accounts that records data from business transactions.
Answer: Division of Labour
Explanation: This is the division of a task or job role into smaller parts between two or more people.
Division of Labour helps to achieve a higher rate of productivity and efficiency.
By having the same person doing both jobs productivity and efficiency is low, because the workload increase on that individual which directly affects his performance on the job.
Answer:
$27,656.00
Explanation:
Information given;
Amount in $
Bank balance 34,351.00
Deposit in transit 4,240.00
Service charge 39.00
Interest earned 95.00
Outstanding checks 10,935.00)
NSF check deposit 650.00
Book balance 28,250.00
Considering the above, the transactions yet to be captured and to be adjusted in the books as at April 30 are as shown below.
Amounts in $
Book balance 28,250.00
NSF Check (650.00)
Interest earned 95.00
Service charge (39.00)
Adjusted book balance <u>27,656.00</u>
Answer:
Following is the correct order of decision making steps in order to solve a problem;
- Identifying the problem: Figuring out what the actual root of problem is.
- Generating alternatives: All possible alternate solutions
- Choosing an alternative or solution: Choosing the solution that best fits the problem
- Implementing the solution:
- Evaluating the consequences: Evaluating the consequences that will occur due to implementation of the chosen solution.
- Evaluating the results: Seeing if the solution really worked or not.
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