Answer:
0.15 or 15%
Explanation:
Total debt ratio is the ratio of total debt to total asset
Total debt ratio = total liability / total asset = 30,000 / 200,000 = 0.15 or 15%
His goal was 100$ (which is therefore 100% of his goal, or 1). and 120/100=1.2. To convert a decimal into a percentage, you multiply it by 100 - 1.2*100=120%
To find the value of the inventory to the nearest cent:
Estimated costs are: $18,750
Storage costs: 12%
Interest costs: 12%
Transportation costs: 5%
Let's add the costs up: 12% + 12% + 5% = 29%
We are solving for the value of inventory so in this case we will make that X.
X = estimated costs/interest amounts
X = $18,750/29%
X = $18,750/0.29
X = $64,655.17
The value of the inventory is $64,655.17
To check your work you can take $64,655.17 and multiply it by 29%
= $18,750
Answer:
Find the statements attached.
Answer:
The correct answer is (B)
Explanation:
Cash flow statement helps to identify the cash inflows and cash outflow. It shows how changes made can affect the cash statements of a company. The three sections of any cash flow statement are; financing decisions, investing decision and operating decision. These three parts are interconnected which affect cash inflows and cash outflows. Income-generating activity is not a section of the cash flow statement.