All categories

3 years ago

Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.

1 answer:

6 0

The equity multiplier is obtained by adding one to the debt ratio.

Therefore, the equity multiplier of XYZ inc is given by 1 + 0.62 = 1.62

You might be interested in

Match each feature with the savings account type.

Marysya12 [62]

1. Basic savings account

-allows ATM withdrawals

-allows money transfer

A savings account is an interest bearing deposit account held at a bank or other monetary foundation that gives an unassuming loan fee. The budgetary organizations may constrain the quantity of withdrawals you can make from your investment account every month. They additionally may charge expenses except if you keep up a specific normal month to month balance in the record. In most cases banks don't give checks investment accounts.

2. CD

-offers a higher interest rate

-has a maturity date

A certificate of deposit is a consent to store cash for a settled period with a bank that will pay you premium. You can contribute for three months, a half year, one year or five years. You will get a higher loan fee for the more drawn out time duty. You guarantee to leave all the cash, in addition to the enthusiasm, with the bank for the whole term.

Basically, you are loaning the bank your cash as an end-result of premium. The CD is a promissory note that the bank issues you.

8 0

3 years ago

Read 2 more answers

Doug is the vice president of product development for a corporation that makes flavored honey. Doug proposes to the board that t

yuradex [85]

Answer:

The board most likely will not be held responsible.

Explanation:

The board of directors can legally defend themselves based on the Business Judgement Rule. This rule in contained in the Corporations Act of 2001 - Section 180. It states that any decision made in regards to the business operations should be:

In good faith and not based on personal gain
In the best interest of the corporation
Based on information that supports the decision

For this particular case, the board based their decision on previous market research that received positive feedback.

6 0

2 years ago

For 2018, Pompi marketing managers project monthly sales of 460 comma 000 12-ounce bottles and 200 comma 000 1-gallon contain

Eduardwww [97]

Answer:

Budgeted total revenue = $424,000

Explanation:

The revenue budget shows the expected amount sales income projected for the next coming accounting period for a business. It contains data about the expected ales volume for different products, their prices and the estimated sales revenue.

Product Price Quantity Revenue

Ounce 0.40 460,000 184,000

Bottles 1.20 200,000 240,000

Total revenue 424,000 

Budgeted total revenue = $424,000

6 0

3 years ago

A manufacturing company producing medical devices reported $59 million in sales over the last year. At the end of the same year,

kaheart [24]

Answer:

The inventory TO is 3.6875

Explanation:

$\frac{Sales}{Average Inventory} = $Inventory Turnover$

where:

$$$Average Inventory=(Beginning Inventory + Ending Inventory)/2$

Considering there is not sufficient information to calculate the begining inventory we are going to work only with the ending inventory so:

$\frac{59,000,000}{16,000,000} = 3.6875$

The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.

4 0

3 years ago

Parker Corp., which operates on a calendar year, expects to sell 3,000 units in October, and expects sales to increase 10% each

pogonyaev

Answer:

total revenue = is 99300

Explanation:

given data

expects to sell in October = 3,000 units

expects sales to increase = 10%

Sales price stay constant = $10 per unit

solution

we get revenue hereby the sum of revenue of oct + nov + dec

revenue = price × quantity .........................1

total revenue = is 99300

8 0

2 years ago