Need help with #’s 1-3 pls

As the debt ratio increases,

Sav [38]

Answer:

2. more assets are debt financed

3. the ratio of debt to equity increases

Explanation:

We know

The formula of the debt ratio is presented below:

Debt ratio = Total debt ÷ Total assets

where,

Total debt would be

= Current liabilities + Long term debt

And the total assets = Total debt + owner's equity

So, if the debt ratio is increased so it impacted the more assets for debt-financed plus the debt to equity ratio is also increased.

4 0

4 years ago

Shipping Clerk Christina included this sentence in her message to a customer: Pertaining to your returns, we must verify the shi

cricket20 [7]

Answer:

The correct answer is (B)

Explanation:

This is an example of an overly formal language. Overly formal language and formal language are almost similar, but it is recommended to use formal language to better deliver a message or to communicate with a client. The nouns used in the sentences by Christian are overly formal. Overly formal language is difficult to understand due to word choice.

8 0

3 years ago

Discuss 5 Ghanaian companies and their business portfolios

Akimi4 [234]

There are many companies in Ghana and some of those companies and what they do include:

Accra Brewery Limited

Founded in 1931 as Overseas Breweries Limited
Offers brewery products such as CLUB Premium Lager
Saw huge expansion after the second World War
Currently under Anheuser-Busch InBev (ABInBev)

Agricultural Development Bank of Ghana

Founded in 1965 and is owned entirely by the government
Offers loans and agricultural credit to boost agriculture
Also offers corporate, international, and commercial banking

Clydestone Ghana

Founded in June 1989 and is located in Nigeria, Kenya, UK, and Ghana
Offer products in the information and communication industry including transaction processing
Listed on Ghana Stock Exchange

Produce Buying Company