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Anarel [89]
3 years ago
5

Queen, inc., has a total debt ratio of .32.

Business
1 answer:
gulaghasi [49]3 years ago
4 0

(A) Debt ratio = 0.32

Debt/(debt + equity)= 0.32

Debt = 0.32 *Debt + 0.32 *Equity

0.68* Debt = 0.32* Equity

Debt = 0.32*Equity/0.68 = 0.32/0.68 * Equity

Debt /equity ratio = (0.32/068*Equity)/Equity

Debt/Equity ratio = 0.32/0.68 = 0.47

Debt-equity ratio = 0.47 (Rounded to 2 decimals)

(B) Equity multiplier = 1 + debt -equity = 1+0.47 = 1.47

Equity multiplier = 1.47 (Rounded to 2 decimals)

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For the current year, Delta Corporation has beginning and ending inventories of $80,000 and $100,000, respectively. Cost of good
PtichkaEL [24]

Answer:

The average days in inventory are 5 days

Explanation:

The average days in inventory is computed or evaluated as:

Average days in inventory = COGS (Cost Of Goods Sold) / Average Inventories

where

COGS (Cost Of Goods Sold) amounts to $450,000

Average Inventories is computed as:

Average Inventories = Beginning Inventory + Ending Inventory / 2

where

Beginning Inventory amounts to $80,000

Ending Inventory amounts to $100,000

Putting the values:

Average Inventories = $80,000 + $100,000 / 2

= $180,000 / 2

Average Inventories = $90,000

Now, putting the values above in the formula:

Average days in inventory = $450,000 / $90,000

= 5 days

6 0
3 years ago
Why might a company choose an open office layout?
anyanavicka [17]

A company might want to go for an open office layout because they want to foster creativity and collaboration

See the explanation bellow

<h3>The reason companies choose an open office layout</h3>

Although this type of layout has its own disadvantages one especailly is dealing with a noisy work floor, however, its has proven to be more advantageous in that it promotes collaboration and good work culture among staffs and co-workers.

In recent times, the agile method of product delivery suggests the open work floor as against the cubicle type of office space because it works best in a fast pace working environment.

Learn more about open office layout here:

brainly.com/question/2619283

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5 0
1 year ago
Farmer's Fine Furnishings manufactures upscale custom furniture. Farmer's currently uses a plantwide overhead rate based on dire
alexdok [17]

Answer:

See below

Explanation:

1. Plant wide overhead rate

= Total manufacturing overhead / Estimated cost allocation base

= $1,100,000/27,500

= $40

2. Compute department overhead rates

= Total department overhead / Estimated cost allocation base

Machining department

= $740,000/14,800

= $50 per MH

Fishing department

= $360,000/18,000

= $20 per DL

3 0
2 years ago
If bonds with a face value of $208,000 are issued at 97, the amount of cash proceeds is ____
madam [21]

Answer:

C) $201,760

Explanation:

To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.  

Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.  

In mathematically,  

Cash proceeds = Face value × 0.97

                          = $208,000 × 0.97

                          = $201,760

4 0
3 years ago
Jeff Co. sells its giant cheese wheels for $36 per wheel. The contribution margin ratio is 75% and total fixed costs are $270,00
Damm [24]

Answer:

Level of sales in dollars in order to generate a profit of $54,000 Fixed cost + Target profit/Contribution per unit $270,000 + $54,0000/0.75

= $432,000

Number of units to be sold

= Level of sales/Selling price

= $432,000/$36

= 12,000 units

The correct answer is A

Explanation:

In this case, we need to calculate level of sales in dollars, which is fixed cost plus target profit divided by contribution margin ratio. Then, we will calculate no of units to be sold, which is the level of sales divided by selling price.

7 0
2 years ago
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