"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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y>700 and 700>y>0
Explanation:
Though there is not so much information, but the fact that $700 is an average. We can work with two hypothesis at first, he first Hypothesis before the downturn the rent are over $700. And the second one, the bedroom rent are under $700.
1) Graphically, the shaded area before the downturn, represents the set of values for Rents greater than $700. So, rent (y) > 700
2) Graphically, the shaded area after the downturn, represents the set of values for Rents lesser than $700. So, rent 700 <y<0
