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tankabanditka [31]
3 years ago
13

Gem Jewelers has current assets of $687,600, total assets of $1,711,000, net working capital of $223,700, and long-term debt of

$450,000. What is the debt-equity ratio?
Mathematics
1 answer:
seraphim [82]3 years ago
4 0

Answer:

Debt/Equity=  Total Liabilities /Total Shareholders’ Equity

​Current liabilities = $687,600 − 223,700

Current liabilities = $463,900

Total equity = $1,711,000 − 463,900 − 450,000

Total equity = $797,100

Debt-equity ratio = ($463,900 + 450,000)/$797,100

Debt-equity ratio= 1.15  

​

Step-by-step explanation:

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in the year 2010, the luxury bike industry had two bike manufactures splendor and passion with the market shares of 30% and 70%,
kari74 [83]

Answer: 50%

Step-by-step explanation:

In 2010, there were only 2 bike manufacturers and they had market shares of 30% and 70%.

A new manufacturer joins the market and captures 10% of the market share and Splendor increases to 40% of market share.

Market shares:

Yamaha = 10%

Splendor = 40%

Passion = 100% - 10% - 40%

= 50%

8 0
3 years ago
The Statistics Club at Woodvale College sold college Y-shirts as a fundraiser. The result of the sale are shown below. Choose on
zavuch27 [327]

We are asked to find the probability that the student sold 11-15 T-shirts or less than 6 T-shirts.

The total number of club members = 2 + 14 + 12 + 3 + 6 + 1 = 38

Probability of 11-15 T-shirts:

From the table, 3 club members bought 11 - 15 T-shirts.

So the probability is 3/38

Probability of less than 6 T-shirts:

Less than 6 T-shirts means 1 - 5 plus 0 T-shirts.

Form the table, 14 club members bought 1 - 5 T-shirts and 2 club members bought 0 T-shirts.

Total club member who bought 1 - 5 and 0 T-shirts = 14 + 2 = 16

So the probability is 16/38

Now we have to add them together to find the probability that the student sold 11-15 T-shirts or less than 6 T-shirts.

(or means to add)

So the probability is 3/38 + 16/38 = 19/38 = 0.5000

Therefore, the correct answer is option c.

6 0
1 year ago
Please help with 7 and 8
Serhud [2]

For #7 - part a: greatest common factor (GCF) is 5.

Part b: cross out everything BUT 10 & 20.

6 0
3 years ago
Read 2 more answers
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1600(-400)= f is the y axis and -400 because its taking money from his account
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There are 5 yellow marbles and 12 blue marbles in a bag. You randomly choose one of the marbles. What is the probability of choo
Anettt [7]
5 yellow marbles out of total of 17 marbles so 5/17
3 0
3 years ago
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