Answer:
The book debt-to-value ratio is 0.57
Explanation:
The computation of the book debt-to-value ratio is shown below:
Book debt-to-value ratio = (Book value) ÷ (book value of debt)
where,
Book value is $30.0 per share
Book value of debt = Outstanding shares × book value + long term debt
= 0.730 × $30 + $30.50
= $21.90 + $30.50
= $52.40
Now put these values to the above formula
So, the value would equal to
= $30.00 ÷ $52.40
= 0.57
The answer is D. It reduced their risk when cotton prices were low.
Answer:
$6,100
Explanation:
Calculation to determine what The amount of bad debt expense recorded on December 31 will be:
Using this formula
Bad debt expense=(Estimated % of accounts receivable*Accounts Receivable ending +balance)+Unadjusted balance of Allowance for Uncollectible Accounts
Let plug in the formula
Bad debt expense=(7%*$80,000)+$500
Bad debt expense=$5,600+$500
Bad debt expense=$6,100
Therefore The amount of bad debt expense recorded on December 31 will be:$6,100
The statement "<span>Generally speaking there are no time limit rules in the U.S. Senate" is false. There is a time limit in the US senate</span>
Answer:
total opportunity cost is $44
Explanation:
given data
parking fee = $4
earn = $10 per hour
time = 4 hour
to find out
opportunity cost
solution
we first find 4 hour earning that is
earning = earn × time
earning = 10 × 4
earning in 4 hours = $40
and
saving = $4
so total opportunity cost = saving + earning
total opportunity cost = $4 + $40
so total opportunity cost is $44
