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hammer [34]
3 years ago
13

Carlin Company has total assets of $1,000,000, liabilities of $400,000, and equity of $600,000. What is the debt ratio (rounded

to a whole percent)? 250% 167% 60% 40%
Business
1 answer:
bija089 [108]3 years ago
4 0

Answer:

40%

Explanation:

Given that,

Carlin Company has;

Total assets = $1,000,000

Liabilities = $400,000

Equity = $600,000

Total debt = $400,000

Therefore,

Debt ratio = Total debt ÷ Total assets

                 = $400,000 ÷ $1,000,000

                 = 0.4 or 40 percent

Hence, the debt ratio of Carlin Company is 40 percent.

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During periods of recession a(n) ___________ money policy is appropriate to encourage business expansion with low interest rate.
nlexa [21]

Answer:

the correct answer is easy

Explanation:

During periods of recession a(n)easy money policy is appropriate to encourage business expansion with low interest rate..

8 0
3 years ago
At January​ 1, 2019, the Accrued Warranty Payable is $ 1 comma 100. During​ 2019, the company recorded Warranty Expense of $ 19
never [62]

Answer:

$7,400

Explanation:

The computation of the accrued Warranty Payable at December​ 31, 2019 is shown below:

= Opening balance in accrued warranty payable + warranty expense - defective products

= $1,100 + $19,100 - $12,800

= $7,400

We simply applied the above formula so that the Accrued Warranty Payable at December​ 31, 2019 could come

3 0
3 years ago
A swimming suit originally priced at $89 is marked down to $52. Find the percent of markdown on the original price. Round to the
Blizzard [7]

Answer:

40%

Explanation:

First , we need to know the markdown amount.

This is $89 - $52 = $37

Percentage of this on the original price would be:

37/89 * 100 = 41.57%

Converting this to the nearest tenth of a percent is 40%

8 0
3 years ago
zero-coupon bond is a security that pays no interest, and is therefore bought at a substantial discount from its face value. If
trasher [3.6K]

Answer:

$1,203.83

Explanation:

For computing the present value using the continuous compounding we need to apply the formula and the calculation part is also shown in the spreadsheet. Kindly find it below.

Given that

Face value = $2,600

Interest rate = 11%

Time period = 7 years

The formula is shown below:

= Face value ÷ EXP (Interest rate × Time period)

= $2,600 ÷ EXP (11% × 7)

= $1,203.83

8 0
3 years ago
Anybody had a real job before if you did do you know how to do an application?
sveticcg [70]

Answer:

Be confident and make a good impression!

Explanation:

You can make a resume with a cover letter for your future employer. Just use the internet to search it, if you don't have any information in certain areas don't worry. They will usually give you an application to fill out asking for your name, address, and basic information. If you have any questions ask your parents. Be confident and good luck, I am sure you'll get the job!

5 0
3 years ago
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