1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
joja [24]
3 years ago
10

g Given the information below: ASSETS LIABILITIES Cash and cash equivalents $10,000 Current debts for the year $15,000 Other liq

uid assets $20,000 Other total liabilities $200,000 Investments $250,000 Fixed assets $300,000 INCOME DATA Annual after-tax income $75,000 Annual spending $67,000 The solvency ratio is closest to: A. 63% B. 33% C. 4% D. none of the above
Business
1 answer:
artcher [175]3 years ago
6 0

Answer:

The solvency ratio is closest to: B. 33%.

Explanation:

<em>The solvency ratio = After tax Net Operating Income ÷ Total Debt</em>

Thus,

The solvency ratio = $75,000 ÷ ($15,000 + $200,000)

                               = 35.88%

Therefore this is closest to B. 33%.

You might be interested in
Which option is the best way to organize a document into topics?
Ahat [919]
Your answer will be B using headers because when your putting a header on your essay you are including a topic which organizing what this paragraph (or paragraphs) will be about also its not A because those are use for titles its not C because those may organize details but you use them when your writing facts about a person, place, or thing when it came down to rather B, and D I choose B because using a number lists is for lists yes it keeps things organized but your questions is about "organize a document" so it makes it B.                                                                                                                                                                     Your answer is B.
4 0
3 years ago
Read 2 more answers
Ticket prices to a Kanye West concert increase from $40 to $60. As a result, ticket sales decrease from 50,000 to 40,000. The el
kramer

Answer:

.4

Inelastic

Explanation:

Elasticity of Demand = |%Change in Demand / %Change in Price|

%Change in Demand= |(40,000 - 50,000)/50,000| =  20%

%Change in Price = |(60 - 40)/40| = 50%

Elasticity of Demand = .2/.5 = .4 or 40%

.4 < 1 so Demand is Inelastic

4 0
2 years ago
Spruce Ceramics produces large planters to be used in urban landscaping projects. A special earth clay is used to make the plant
Tanya [424]

Answer:

1. $3,000 Favorable

2. $6,600 Unfavorable.

Explanation:

This is an incomplete question. However, the completed part is question number 2, which has been solved below.

1. Direct material price variance

= (Actual price - Standard price) Actual quantity

= ($2.16 - $2.20) × 75,000

= -$0.04 × 75,000

= $3,000 Favorable

Note: Actual price is gotten by; $162,000 / 75,000

= $2.16

2. Direct material quantity variance

= (Actual quantity - Standard quantity) × Standard price

= (75,000 - $72,000) × $2.20

= 3,000 × $2.20

= $6,600 Unfavorable

Note: Standard quantity is gotten by;

24 × 3,000

= 72,000

6 0
3 years ago
In the business world, a _________________ is recognized as a legally acceptable way for any business to keep knowledge of its p
neonofarm [45]

Answer:

Trade secret

Explanation:

A trade secret refers to things like a process, formula or design that a company owns that have an economic value and provide a competitive advantage and that are known only by certain people inside the organization. According to this, the answer is that in the business world, a trade secret is recognized as a legally acceptable way for any business to keep knowledge of its particular methods of production from being known by competing firms because trade secrets refer to intellectual property that allows the organization to have a competitive advantage and they are maintained as a secret to avoid competing firms to copy its methods.

7 0
3 years ago
âa(n) ________ starts with the assumption that current activities in a company will not automatically continue in the next perio
Lynna [10]
A zero based budget <span>starts with the assumption that current activities in a company will not automatically continue in the next period.
Zero based budget is designed to justify all existing expense in order to find out the true value of a company, which means that this method will not recognize any form of earning and liabilities that haven't been actualized by the company.</span>
8 0
3 years ago
Other questions:
  • Alfredo manufactures high-quality tennis shoes for specific sports. He has a large storage facility at the manufacturing plant b
    12·1 answer
  • Which sentence or phrase in the passage suggests an action of integrity? On Monday, Mr. Blackwell, the creative head of an adver
    8·2 answers
  • Bailee works approximately 60 hours each week as an account executive with an advertising agency and rarely has time to shop. Sh
    15·1 answer
  • Which of the following is NOT an example that falls within the four major categories of business environment factors for today's
    9·1 answer
  • Sara wants to have $600,000 in her savings account when she retires. How much must she put in the account now, if the account pa
    14·1 answer
  • To join together against and have nothing to do with a person, business, nation, employer, or anything else in order to coerce o
    15·1 answer
  • Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
    6·1 answer
  • Which of these statements are true about the MIC card? Select all that apply Taco Bell Service Course A. It demonstrates how to
    12·1 answer
  • Hat is a​ monopoly?
    6·1 answer
  • Cual es la importancia de tener bodegas en las empresas
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!