Answer:
Option D. 0.63
Explanation:
Equity ratio can be calculated by dividing Total equity and total
assets as given in the question
DATA
Total assets = $372,000
Total Equity and liabilities = $372,000
Solution
Total equity = total assets - total liabilities
Total equity = $372,000 - $93,000 - $44,000
Total equity = $ 235,000.
Equity Ratio = Total Equity / Total Asset.
Equity Ratio = $ 235,000 / $ 372,000
Equity Ratio = 0.63.
Answer:
The role of organizational structure is to help make clear who answers to whom and where they fit in the chain of command
<h2><em>Ten ways to keep ahead of the competition</em></h2>
<em>Know the competition. Find out who your competitors are, what they are offering, and what their strengths and weaknesses are. ...</em>
<em>Know your customers. ...</em>
<em>Differentiate. ...</em>
<em>Step up your marketing. ...</em>
<em>Update your image. ...</em>
<em>Look after your existing customers. ...</em>
<em>Target new markets. ...</em>
<em>Expand your offer.</em>
Answer:
The cash paid on May 8 is: $5,880
Explanation:
Credit terms of 2/10, net 30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
The company purchased $6,500 of merchandise on May 1. On May 6, it returned $500 of that merchandise.
The balance owed for merchandise = $6,500 - $500 = $6,000
On May 8, it paid the balance owed for merchandise, taking any discount it is entitled to.
The company took the appropriate discount:
2% x $6,000 = $120
The cash paid = $6,000 - $120 = $5,880
I am 80% sure that the answer is c. (:
