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
mote1985 [20]
3 years ago
14

ME Company has a debt-equity ratio of .57. Return on assets is 7.9 percent, and total equity is $620,000. a. What is the equity

multiplier?
Business
1 answer:
Lera25 [3.4K]3 years ago
5 0

Answer:

8.06

Explanation

  • Debt equity ratio=Debt÷ Equity
  • Debt÷Equity=0.57
  • Equity=620,000 in this question
  • Debt=620,000*0.57=353,400.
  • Assets=Debt+Equity
  • Assets in this case=353,400+620,000=973,400
  • Return on asset=Profit for the year=7.9%*973,400=76898.6
  • Equity Multiplier=Total Equity/Profit for the year
  • Equity Multiplier=620,000/76898.6=8.06

You might be interested in
Relationship-enhancing attributions involve which of the following factors?
Blizzard [7]

Relationship-enhancing attributions involve Giving credit for positive actions and excusing transgressions.

Explanation:

Relationship-enhancing features happen when people place greater responsibility for the positive behavior on their relationships and less responsibility for the negative behavior of their partners.

If your partner brought you flowers, that's because he's sweet and sweet. But that's because he's caught in the traffic (something he wouldn't control when he's slow for a date).

In special relationship research, attributions are frequently divided into two classifications: attributions that "improve relationship" and attributions that "maintain distress" (Bradbury & Fincham, 1990), respectively.

7 0
3 years ago
In order to register your car, the state of Florida requires<br> that all drivers have ...
olga_2 [115]

In order for drivers to register their cars in Florida it is required that they have

  • Proof of identity
  • Proof of insurance for the state of Florida
  • Application for certificate of title.

<h3>What is a car registration?</h3>

This is the registration that is mandatory for all cars in the United States. The goal is to be able to track cars that are used to carry out criminal activities and their owners.

To do this one is compulsorily required to show the proof that they own the car they are registering.

Read more on car registrations here:

brainly.com/question/19819411

#SPJ1

7 0
2 years ago
Number of setups 20 20 Machining hours 1000 4000 Orders packed 150 350 Number of products manufactured 600 400 If machining hour
goldenfox [79]

Answer:

$96,000

Explanation:

The computation of the overhead amount assigned to Product A1 each year is shown below:

= Overhead cost incurred per year ÷ number of hours worked by machine department × machine hours at Product A1

= $480,000 ÷ 5,000 hours × 1,000 hours

= $96,000

We simply applied the above formula so that the overhead cost assigned could come

7 0
4 years ago
Many years ago, a father opened a UGMA account for his young son. The son has just turned 17 and the father believes that the so
cluponka [151]

Answer:

D. The registered representative should decline the transaction

Explanation:

Based on the information provided within the question it can be said that the representative should decline the transaction. When dealing with money and financial accounts the representative that will handle these types of transactions needs to sit down with the owner and new recipient of the account as well as see identification from both and have them sign authorization paperwork. These are safety measures in place so that a stranger isn't able to just call and take ownership of an account.

8 0
3 years ago
________consists of GDP plus the net income earned from investments abroad (minus any payments made to nonresidents who contribu
galben [10]

Answer:

Gross national income

Explanation:

Gross national income is the income earned by a country's residents. Income from abroad is also included in the calculation of GNI. Income earned by non residents in the domestic economy is substracted.

GNI = GDP + [(income from investments abroad) – (income sent abroad)].

6 0
3 years ago
Other questions:
  • Do you think that modern society has contributed to the number of youth suicides? Why or why not?
    12·2 answers
  • Bramble Corp. reported net income of $0.85 million in 2022. Depreciation for the year was $136,000, accounts receivable decrease
    15·1 answer
  • Hearts ‘R Us ("Hearts" or "the Company") is an early-stage research and development medical device company. Hearts has no curren
    8·1 answer
  • Keating Co. is considering disposing of equipment with a cost of $61,000 and accumulated depreciation of $42,700. Keating Co. ca
    7·1 answer
  • I WILL MARK BRAINLIEST! 30 POINTS!
    9·1 answer
  • Which one of the following statements concerning net working capital is correct?
    10·1 answer
  • Which best describes the similarities and differences between Health, Safety, and Environmental Assurance and Quality Assurance
    14·2 answers
  • Which of the following requires work in utility operation to create energy for
    8·1 answer
  • Using one of the leadership roles or extracurricular activities you prioritized as being important to you, describe what impact
    11·1 answer
  • at the beginning of the year, addison company's assets are $170,000 and its equity is $127,500. during the year, assets increase
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!