The debt ratio is calculated by dividing the Total Liabilities by Total Assets. We are asked to calculate the debt ratio at the end of the year, hence we need to take year-end values for Total Liabilities and Total Assets.
We are given the Total Liabilities at the beginning of the year $175,000 and there is no change in the liabilities given, hence we can say that Total liabilities at the end of the year shall remain same = $175,000
We are given Total Assets at the end of the year are $260,000
Debt ratio = Total Liabilities / Total Assets = 175000/260000 = 0.673
Hence debt ratio at the end of the current year shall be <u>0.673</u>
Consumer goods are those goods that are purchased and used by consumers. Consumer goods are not used by manufacturers to produce other goods. In essence, consumer goods are ready for use since they have been taken through the production and manufacturing. For a country to have consumer goods it must trade with other countries either to acquire raw materials or trade in consumer goods. This trade process contributes greatly towards the development of LDC economies into MDC status.
Answer:
Allocated cost of land = $42,080
Explanation:
Given:
Total Cost of asset is $100000.
Computation:
Total apprised value = $52,500 + $52,600 + $19,900
Total apprised value = $125,000
Allocated cost of land = [$52,600 / $125,000]$100,000
Allocated cost of land = $42,080
The allocated cost of land would be $42,080
Rising inventory typically indicate POSITIVE unplanned inventory investment and a SLOWING economy. Positive unplanned inventory usually occur when actual sales are less than expected while negative unplanned inventory occur when real GDP is smaller than planned aggregate spending.
