The equity multiplier is obtained by adding one to the debt ratio.
Therefore, the equity multiplier of XYZ inc is given by 1 + 0.62 = 1.62
A certain number of qualified voters in a district
Answer:
$8,119,048
Explanation:
Given that,
Amount of scholarships = $170,500 per year
Trust fund earns an annual rate of return = 2.1 percent
Let x be the amount contribute to the fund and assuming that only income is distributed,
2.1% of x = Amount of scholarships
0.021x = $170,500
x = $170,500 ÷ 0.021
= $8,119,048
Therefore, the amount of money that is contributed by the George Jefferson to the trust is $8,119,048.
Computer, its a larger amount of money to pay so it would be best there
expectations about behavior and safety norms in the workplace.