All categories

3 years ago

Using the following balance sheet and income statement data, what is the debt to assets ratio?

Business

1 answer:

GaryK [48]3 years ago

8 0

Answer:

Debt to Asset Ratio 0.3331 or 33.31%

Explanation:

Debt to Asset Ratio = Total Debt / Total Assets

Debt to Asset Ratio = Total Liabilities / Total Assets

Debt to Asset Ratio = 43,300 / 130,000

Debt to Asset Ratio = 0.3331 = 33.31%

d.Total liabilities 43300 Total assets 130000 is used to calculate Debt to total asset ratio.

* I am not sure that in the question given the a, b,c,d and e

1. are the option to choose

2. this is all the data to calculate debt to total asset equity.

In cash Condition 1.

Answer is " d.Total liabilities 43300 Total assets 130000 "

In cash Condition 2.

Answer is " 0.3331 or 33.31% "

You might be interested in

You sold a put contract on EDF stock at an option price of $.50 and an exercise price of $21. Today, EDF stock is selling for $2

andreyandreev [35.5K]

Answer:

-$50

Explanation:

Calculation to determine your total profit on this investment

Total profit = 1 × 100 × ($.50 - $21+ $20)

Total profit = 100×(-$0.5)

Total profit = -$50

Therefore your total profit on this investment is -$50

7 0

3 years ago

During August, Boxer Company sells $360,000 in merchandise that has a one-year warranty. Experience shows that warranty expenses

marta [7]

Answer:

Debit Estimated Warranty Liability $12,400

Credit Warranty Expense $12,400

Explanation:

Warranty Expense = 0.04 * Total Sales

Warranty Expense = 0.04 * $360,000

Warranty Expense = $14,400

Warranty Liability Account = Warranty Expense + Opening balance of the Warranty liability Account

Warranty Liability Account = $14,400 + $12,400

Warranty Liability Account = $26,800

The business would incur actual warranty expense of $12,400.

Debit Estimated Warranty Liability $12,400

Credit Warranty Expense $12,400

4 0

3 years ago

If a mutual fund portfolio earned a return that exceeded the return on the S&P 500 stock index, you may conclude that the fu

Brums [2.3K]

Answer:

The correct answer is letter "A": True.

Explanation:

Risk-adjusted return is a measurement of risk for an investment or portfolio. It involves comparing the return of the investment or portfolio against the benchmark which is the overall performance of the market (typically compared with the S&P 500 index). For that purpose, the approach makes use of indicators such as the alpha, beta or standard deviation. Beta measures how correlated is the movement of a security according to the overall market movement. If a stock exceeds the return of the S&P 500 index, it means it is outperforming the market.

7 0

3 years ago

What is the new 2021 conforming loan limit for 1-4 family homes?

dolphi86 [110]

Conforming Loan Limits Increase By 18% in 2021 for the Year Ahead.

7 0

3 years ago

a local pet store, pais with pawa, donates a portion of every saleto pet rescues in its communitythis exhibits the company's

avanturin [10]

Tucytdfydtyjdyrtydydjtyfususuudjddjjdjdj is a op team player who is played in the cteam league roster roster for the players roster for players who are players team player team player rankings for the teams players in team team plays fhgtjydjtyddtyjfytdyjtdykdytdtydktyditydktyddtykftf team player rankings for players for team players who are team players players who have qualified teams players for players who have qualified teams for the players players who played in

4 0

3 years ago