Life insurance is a long term insurance product that I would consider buying in the future. Life insurance is paid by an individual in a family for themself or someone else that can be cashed in when that individual dies. Those with life insurance pay monthly or annual premiums towards their life insurance policy in the event they pass and need to have funds available for their family. There are stipulations to when money can be withdrawn from the life insurance policy and how, but most of that is subject to the type of policy. I would pick life insurance because as a mom of three kids I would want to make sure I have funds in place in the event something were to happen to me.
This problem needs a Balance Sheet. Ratios are computed based on Balance Sheet, Income Statement, and Statement of Cash flows.
I'll just give out the formula needed to solve for each question.
Current ratio = Current Assets / Current Liabilities
* These figures are found in the Balance Sheet.
Quick ratio = (Cash + Marketable Securities + Accounts Receivable) ÷ <span> Current Liabilities
* These figures are found in the Balance Sheet
</span><span>Inventory turnover ratio = Cost of goods sold / Average Inventory
Inventory turnover ratio = 1,400,000 / Average Inventory
Receivables turnover = Net Credit Sales / Average Accounts Receivable
Assuming Sales is all on account,
Receivables turnover = 2,000,000 / Average Accounts Receivable
Total asset turnover = Net Sales / Total Assets
Assuming Sales is all net of sales returns and discounts,
Total asset turnover = 2,000,000 / Total Assets
Times interest earned (TIE) = Income before Interest and Taxes / Interest Expense
Times interest earned = 370,000 / 50,000 = 7.4 times
Total debt ratio = Total Liabilities / Total Assets
Return on equity (ROE) = Net Income / Shareholders Equity
Return on equity = 240,000 / Shareholders' Equity
Return on assets (ROA) = Net Income / Total Assets
Return on assets = 240,000 / Total Assets
Market-to-book ratio = Share Price / Net book value per share
Market-to-book ratio = 41.40 / Net book value per share
Price-to-earnings (P/E) ratio = Market Value per share / Earnings per share
</span><span>Price-to-earnings ration = 41.40 / 2.40 = 17.25
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Answer:
Who Prepares a Company's Financial Statements? A company's management has the responsibility for preparing the company's financial statements and related disclosures. The company's outside, independent auditor then subjects the financial statements and disclosures to an audit.
<span>The proportion of college freshman who return to the same school for sophomore year is .73, otherwise known as 73%. If the same was 400 freshman, we could expect that 292 of those freshman would be returning to the same school.</span>
Answer:
Yes
Explanation:
because it's job is day and night and also to calculate and solving problems in bank