Answer: Radically Innovative change.
Explanation: Beam Satellite Network is implementing a radically innovative change in their business strategy.
A radically innovative change involves applying new procedures, techniques and technology into a business to beat other existing businesses that are similar.
Answer:
0.69
Explanation:
From the question above on December 31, 2018 a company has an assets of $29 billion and stockholders equity of $22 billion.
On December 31, 2019 the same company recorded an assets of $55billion and stockholders equity of $17billion
Inorder to calculate the debt-to-assess ratio the first step is to find the amount of liabilities
Liabilities= Assets-Stockholders equity
Assets= $55 billion
Stockholders equity= $17 billion
= $55billion-$17billion
= $38 billion
Therefore, the debt-to-assets ratio can be calculated as follows
Debt-to-assets ratio= Total liabilities/Total Assets
= $38 billion/ $55 billion
= 0.69
Hence on December 31, 3019 the debt-to-assets ratio is 0.69
By definition, a mortgage is loan that is used to purchase a property. The financial institutions can are designed to offer low interest rates on residential mortgages are commercial banks and loan associations. They often lead against the one-to-four family mortgages.
Answer:
interest expense 3,654 debit
cash 3,654 credit
Explanation:
For the first 6 month the note will pay 5.80% interest for the subsequent 6 month will pay at 6.70%
We do for the period Jan 2,2017 to June 30,2017
variable LIBOR rate:
126,000 x 5.80% / 2 = 3654
fixed rate of the promissory note:
126,000 x 6.00% / 2 =3,780
difference: 126 in our favor.
We pay the variable rate, not the fixed rate. THerefore, we made the entry for the variable rate
A revenue tariff is a tax applied to increase the revenue(money brought in) of an economy. Usually occurs in business. For example, oil that is imported or exported from the US is a revenue tariff.
