Answer:
To assess the risk associated with a company's use of liabilities
Explanation:
The formula for debt =total liabilities/equity
It is evident from the formula above that debt ratio does not measure the ratio of equity to expenses, neither does it determine the amount of debt that could be borrowed.
In actual fact, it measures the risk inherent in making use of debt as a source of finance instead of equity.
Answer:
A) 3% decrease in quantity demanded.
Explanation:
As we know that
The price elasticity of demand is
= Percentage Change in quantity demanded ÷ Percentage change in price
Since the elasticity of demand is -0.75
And, there is a price of 4%
Since, the price elasticity of demand is in negative that means the quantity demanded is decreased by 3% that comes from
= 4% × - 0.75
= -3%
Hence, the first option is correct
Answer and Explanation:
The computation of the real rate of return on these investment alternatives is presented with the help of a spreadsheet which is attached below:-
The formula is presented below:-
Real rate of return = (1 + Nominal rate) ÷ (1 + Inflation rate) - 1
U.S. Government T-bills = 0.49%
Large-cap common stock = 8.64%
Long-term corporate bonds = 2.67%
Long-term government bonds = 1.46%
Small-capitalization common stock = 10.10%
Answer: $18,100 unfavorable
Explanation: It should be noted that the total variable overhead variance for the month of June is $18,100. Nonetheless, to our surprise it appears unfavourable despite the fact that Speaker City uses a standard variable overhead rate of hours per unit at a cost of per hour.
Answer:
see below
Explanation:
<u>ASEAN</u> : Is a regional organization that promotes growth in Southeast Asia. ASEAN is short for the Association of Southeast Asian Nations. Its primary objective is to accelerate economic growth, promote peace, social integration, and cultural development in Southeast Asia.
<u>EU:</u> Establishes a shared economy with a common currency.
The (EU) European Union is composed of 27 member states that are located in Europe. EU is political and economic union that has created a single market by eliminating border restrictions and the creation of a common currency.
<u>WTO </u>: An international organization that works to promote fair-trade practices. WTO stands for The World Trade Organization . The main objective of WTO body is to regulate and liberalize world trade.
<u>NAFTA </u>creates a free-trade zone between Canada, the US, and Mexico.
The North American Free Trade Agreement (NAFTA) minimized or eliminated most tariffs between these counties.