<span>A person's debt ratio shows the relationship between debt and net worth. The lower the ratio the better off the person is financially. </span>
When you are in good financial standing, if it necessary to have a low debt ratio. The debt ratio is how much debt to income or net worth someone has. When you have a low debt ratio you are often approved for larger loans and can sustain financial freedom more easily.
Answer:
C) No/Yes
Explanation:
An income statement (profit and loss account) is one of the financial statements of a company and shows the company’s revenues and expenses during a particular period. It indicates how the revenues are transformed into the net income or net profit
Absorption cost is a method of calculating the cost of a product or enterprise by taking into account indirect expenses (overheads) as well as direct costs.
How do you calculate total period cost under absorption costing?
Income statement shows Sales – Cost of Goods sold = Gross Margin (or Gross Profit) – Operating Expenses = Net Income and is based on the number of units SOLD.
Answer:
169,000
Explanation:
Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is:
First step is to calculate the amount assumed to be exercised
Exercised amount= 30,000*$7 / $15avg
Exercised amount= 14,000
Second step is to calculate the Net
Net=30,000-14,000
Net= 16,000
Now let calculate The number of shares to be used in computing diluted earnings per share
Using this formula
Number of shares=Outstanding+Net
Let plug in the formula
Number of shares=153,000 +16,000
Number of shares= 169,000
*diluted eps=$28,000 /169,000
Therefore The number of shares to be used in computing diluted earnings per share for the quarter is: 169,000
Answer:
Net Capital Spending = $121
Explanation:
The Net Capital Spending is the amount of money a company spends in the acquisition of fixed assets during the year. Mathematically, it is represented as:
Net Capital Spending = Ending net fixed asset - Beginning net fixed asset + depreciation
Net Capital Spending = 550 - 471 + 42 = $121
∴ Net Capital Spending = $121
The type of brokerage relationship that must be disclosed between the parties is known as Nonrepresentation.
<h3>What is a
Non-representation?</h3>
This refers to the promise that a wrong statement will not be disclosed to one party to mislead them.
Hence, this is what have to be disclosed in type of brokerage relationship between the parties.
Read more about Non-representation
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