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Harlamova29_29 [7]
2 years ago
7

A firm has a debt-to-equity of 0.69 and a market-to-book ratio of 3.0. What is the ratio of the book value of debt to the market

value of equity?
Business
1 answer:
Monica [59]2 years ago
5 0

Answer:

0.23

Explanation:

Debt to Equity  Ratio = Total debt/ Total common equity

Market to book Ratio = Market price per share / Book value per share

Book debt to Market equity Ratio = Debt to Equity  Ratio / Market to book Ratio

Book debt to Market equity Ratio = 0.69 / 3

Book debt to Market equity Ratio = 0.23

Therefore, the ratio is 0.23

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Optimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each div
PIT_PIT [208]

Answer:

OPTIMUS COMPANY

Home Division Responsibility Report For the Year Ended December 31, 2020

The report is attached in form of a variance report with comments.  Where the variance is not indicated, it means that it was neither favorable nor unfavorable.

Explanation:

A responsibility report is usually presented by a division that is an investment center.  An investment center has responsibility for return on investments.

The investment center takes charge of the cost, revenue, profit, and investments of the division.  It is expected to produce returns on its investment that will be favorable to the shareholders of the company.  It is directly responsible for profitability of the division vis-a-vis the capital investments made in the center.  It is unlike other divisions like cost center, revenue center, and profit center, which narrowly report their performances in accordance with their responsibilities.

This is why it does not only report on the cost, but also the revenue, the profit and the returns on investment achieved during a period.  An investment center is, therefore, the largest division of an entity.

Download xlsx
3 0
2 years ago
Why does the law of increasing opportunity cost occur?
Elena L [17]

Answer:

The correct answer is A and B

Explanation:

Law of increasing the opportunity cost is the principle or the concept which is defined as the company continue to increase the production of one good, the opportunity cost of producing the next unit will increase.

It is as to reallocate the resources in order to produce that one good which was better or best suited to produce the original good.

The law of opportunity cost occur when some of the resources are best suited for some tasks or products instead of others and it will lead to increase in production with increase in the opportunity cost too.

8 0
3 years ago
Under what circumstancess should outsourcing be used for building Information systems​
Zinaida [17]

Answer:

FOR LIFE INSURANCE DENSITY

6 0
2 years ago
For each of the following, compute the present value: (Do not round intermediate calculations and round your answer to 2 decimal
timurjin [86]

Answer:

Present value = FV / (1 + r)^t

1. PV = $19,415 / (1 + 0.07)^15

PV = $19,415 / (1.07)^15

PV = $19,415 / 2.759031

PV = $7,036.89

2. PV = $47,382 / (1 + 0.11)^8

PV = $47,382 / (1.11)^8

PV = $47,382 / 2.3045378

PV = $20,560.31

3. PV = $312,176 / (1 + 0.10)^13

PV = $312,176 / (1.10)^13

PV = $312,176 / 3.4522712

PV = $90,426.27

4. PV = $629,381 / (1 + 0.13)^25

PV = $629,381 / (1.13)^25

PV = $629,381 / 21.230542

PV = $29,645.07

5 0
2 years ago
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
Delvig [45]
Adam Smith is known as the Father of Modern Economics and is known as the author of "The Wealth of Nations". According to the passage above, the idea of Adam Smith that made Mark think of starting a restaurant business is self-interest. The correct answer is option B. Self-interest, according to Adam Smith, is when the individual owns the resources available, labor and capital, can make voluntary decisions to control the marketplace. This is the biggest motivator in the activity in the economy.
7 0
3 years ago
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