Answer:
0.69
Explanation:
From the question above on December 31, 2018 a company has an assets of $29 billion and stockholders equity of $22 billion.
On December 31, 2019 the same company recorded an assets of $55billion and stockholders equity of $17billion
Inorder to calculate the debt-to-assess ratio the first step is to find the amount of liabilities
Liabilities= Assets-Stockholders equity
Assets= $55 billion
Stockholders equity= $17 billion
= $55billion-$17billion
= $38 billion
Therefore, the debt-to-assets ratio can be calculated as follows
Debt-to-assets ratio= Total liabilities/Total Assets
= $38 billion/ $55 billion
= 0.69
Hence on December 31, 3019 the debt-to-assets ratio is 0.69
Answer:
b.
The store is not liable to Nelson.
Explanation:
These are options for the question
.
The store is strictly liable to Nelson.
b.
The store is not liable to Nelson.
c.
Res ipsa loquitur would require the store to be held liable.
d.
The store has no duty to Nelson.
From the question, we are informed about the local supermarket which has a large, glass front door which is well lighted and plainly visible. Nelson, who is new in the neighborhood, mistook the glass for an open doorway and walked into it, shattering the door and injuring himself.
Under the Second Restatement, the store is not liable to Nelson. Second Restatement are legal treatises that pronounce some rules as far as law is concerned.it inform judges about general principle, therefore, under this second Restatement the store is not liable to Nelson in anyway even though he sustained some injury from the store.
A surplus of food is definitely something that allowed people to specialize in different Jobs. This is how we can say that the people in the past used this surplus. I hope this works for you
Answer:
$1,800
Explanation:
Here Decrease or increase can be calculated as under:
Increase in Revenue $15,000
Increase in Variable Cost (72k / 100k * $15,000) ($10,800)
Increase in Promotional Cost <u> ($6,000) </u>
Net Operating Income Decrease ($1,800)
Hence the decrease in Net Operating Income would be by $1,800.
Note: As the complete question is not provided and is not found online, almost similar question was picked from the internet. So make sure you account for of the differences.
The Numerical section of the question is given as under:
Answer:
Net income = $76,000
Earning per share (EPS):
Income from continuing operations per share = $4.40 per share
Loss from discontinued operations per share = -$3.64 per share
Net Income per share = $0.76 per share
Explanation:
Note: See the attached excel file for the income statement.
Also Note: Two years (2016 and 2018) were mistakenly mentioned in the question instead of just one of them. I therefore picked 2016 to prepare the income statement.
In the attached excel file, the earning per share (EPS) is calculated as follows:
Number of shares outstanding = 100,000 shares
Income from continuing operations per share = Income from continuing operations / Number of shares outstanding = $440,000 / 100,000 = $4.40 per share
Loss from discontinued operations per share = Loss from discontinued operations / Number of shares outstanding = -$364,000 / 100,000 = -$3.64 per share
Net Income per share = Net Income / Number of shares outstanding = $76,000 / 100,000 = $0.76 per share
