"Charger Company's most recent balance sheet reports total assets of $27,000,000, total liabilities of $15,000,000 and total equ
1 answer:
Answer:
Debt to equity ratio = 1.25
Explanation:
given data
total assets = $27,000,000
total liabilities = $15,000,000
total equity = $12,000,000
solution
we get here debt to equity ratio that is express as
Debt to equity ratio = Total liabilities ÷ Total equity ............................1
put here value and we get
Debt to equity ratio =
solve it we get
Debt to equity ratio = 1.25
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Answer:
The appropriate answer is "$8,457,50".
Explanation:
The given values are:
Direct material cost,
= $9,500
Direct labor cost,
= $10,400
Units completed in job 412,
= 4
Now,
The total cost for completion of job 412 will be:
=
On substituting the values, we get
=
= ($)
Unit produced cost will be:
=
= ($)
70% of unit produced cost will be the profit margin, then
=
= ($)
hence,
The price charged to the customer will be:
=
On substituting the values, we get
=
= ($)