1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gregori [183]
4 years ago
14

Debt Management Ratios Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.83 times at the end of 2008. If the firm's tota

l debt at year-end was $9.20 million, how much equity does Trina's Trikes have?
Business
1 answer:
navik [9.2K]4 years ago
4 0

Answer:

Trina's Trikes have equity of 5.03 million

Explanation:

Debt to equity ratio is the rate of debt as compared to equity of the firm.

We can calculate the amount of equity by using formula of debt to equity

Debt to equity = Total Debt / Total equity

1.83  = 9.2 million / Total equity

Total Equity = 9.2 million / 1.83

Total Equity = 5.03 million

You might be interested in
uppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00. Calculate the euro-pound exchange rate. A. €1.25 = £1.0
choli [55]

Answer:

D. €1.3333 = £1.00

Explanation:

Suppose you observe the following exchange rates: €1 = $1.50; £1 = $2.00.

That implies that the value of €1 is equivalent to 1.50/2.00 the value of £1, since €1 = $1.50; £1 = $2.00

Therefore the value of €1 = £0.75

Hence the value of  £1 = €1 / £0.75 = €1.3333

3 0
4 years ago
Suppose that a perfectly competitive industry is in long-run equilibrium. Every firm is producing at minimum average total cost,
elixir [45]

Answer:

B. firms will exit the industry

Explanation:

When the firms is producing at the minimum average total cost, the amount of profit margin that they get tend to be high. This means that they can fulfill their target profit even by producing less amount of product.

Even when the demand in the market is decreased, Such firms will most likely accumulated enough profit to survive for a long period of time before they go bankrupt. This is why the firms is very unlikely to exist the industry in a short run.

7 0
3 years ago
Asap!!!!!!!!!!!!!!!!
SIZIF [17.4K]

individual preferences is the answer

5 0
3 years ago
Read 2 more answers
As a project manager, you review your budget and notice one vendor is costing more than anticipated. You shift funds and recalib
san4es73 [151]

When you engage in this action as a project manager, this is known as <u>reforecasting</u>.

<h3>What is reforecasting?</h3>
  • It refers to changing the amounts ascribed to budgetary items.
  • It is usually done due to a change in projected spending or income.

The vendor in question is costing more than anticipated which means that there is an increase in spending. By shifting funds and recalibrating the budget, you are reforecasting.

In conclusion, option D is correct.

Find out more on budgeting at brainly.com/question/6663636.

7 0
2 years ago
(Consider This) When the federal government started requiring restaurants to print calorie counts next to menu items:__________.
ArbitrLikvidat [17]

Answer:

D) consumption of higher-calorie items increased, contrary to the law's objective.

Explanation:

In the case when the federal government begins to print calories that are next to menu items so the higher calories item consumption would be rise that contrast to the objective of  the law

So according to this, the option d is correct

and the rest of the options are incorrect

the same would be relevant

5 0
3 years ago
Other questions:
  • "when the price goes down, the quantity demanded goes up. the price elasticity of demand measures:"
    5·1 answer
  • What is a “thin file”?
    15·1 answer
  • In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce
    6·2 answers
  • Mountain Products has decided to raise $6 million via a rights offering. The company will issue one right for each share of stoc
    5·1 answer
  • Fun Foods Inc. is a snack manufacturer that wants to expand globally. Few people abroad are familiar with Fun Foods snacks. The
    13·2 answers
  • Nell, single and age 38, had the following income and expense items in 2019: Nonbusiness bad debt $6,000 Business bad debt 2,000
    6·1 answer
  • The federal government has often relied on ____ to pay for wars or social programs.
    5·1 answer
  • A manager believes his firm will earn a 16.9 percent return next year. His firm has a beta of 1.59, the expected return on the m
    7·1 answer
  • The owner of a landscaping business has noticed that none of his competitors are including ponds or other water features in the
    14·1 answer
  • You’re a pricing analyst for a manufacturing firm. You are tasked with predicting how average prices will change over the next q
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!