Answer:
Total debt is $15.91million
Total equity is 9.09miliion
Explanation:
Debt-to-equity ratio relates to how a firm is financing its operations through debt versus shareholders' equity(owners' fund)
The formula is: Total debt/total equity
Debt-to-equity ratio = 1.75times
Total assets =$25 million
We know the Equity = Asset - liability(debt)
We can rewrite the equation as:
Debt-to-equity ratio = Total debt/asset - debt
Let's represent debt as 'y'
1.75 = y/$25million - y
y = 1.75($25million - y)
y = $43.75 - 1.75y
Collect the like terms
y + 1.75y = $43.75million
2.75y = $43.75million
y = $43.75million/2.75
y = $15.91million
Therefore, total debt is $15.91million
Using the same formula: Total debt/total equity
Lets represent equity with z
1.75 = $15.91million/z
z = 15.91million/1.75
z = 9.09miliion
Therefore total equity is 9.09miliion
False.... The amount of money taken out of a check for taxes depends on how much you're getting paid.
Yes. Subsidies are benefits that the government can grant to institutions, households and businesses to promote economic efficiency and reduce market failures. They may be distributed through cash or by cutting tax rates. However, there is controversy about the effectiveness of using subsidies for the economy, often related to the inefficiency of promoting a free market, allocating resources that could be used for investment in productive resources and masking the results of economic efficiency. Another major concern with the use of subsidies is the formation of political alliances of those who receive them and those who provide them, creating political interests because of their use.
Answer:
an increase in the working population
Explanation:
The Production possibilities frontier (PPF) is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.
The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.
The PPF can shift either inward or outward.
An outward shift is associated with an increase in output while an inward shift is associated with a reduction in output.
Factors that cause the PPF to shift
1. changes in technology. technological progress leads to outward shift of the PPF. introduction of "fiber optic" technology would shift the PPF outward.
2. changes in available resources. a land reclamation program would increase the land available for production and this would increase output. While an explosion destroying a chemical plant would reduce output and lead to an inward shift of the PPF
3. changes in the labour force. A decrease in unemployment would increase output and shift the the PPF outward
Working population is the number of people between 15-59.
Answer: False
Explanation:
Different departments incur different types of costs based on the product that they are producing. It would therefore not be right to use the same rate for all departments as it might capture cost inadequately.
The overhead rate should always take into account the unique circumstances of a department such that costs can be assigned as accurately as possible.
