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MrRa [10]
4 years ago
7

Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below. Current liabilities $ 180 Income before inte

rest and taxes $ 125 10% Bonds, longterm 360 Interest expense 36 Total liabilities 540 Income before tax 89 Shareholders' equity Income tax 27 Capital stock 200 Net income $ 62 Retained earnings 280 Total shareholders' equity 480 Total liabilities and equity $1,020 HHF's long-term debt to equity ratio equity is:
A. 133.3%.

B. 75%.

C. 180%.

D. 0%.
Business
1 answer:
Anarel [89]4 years ago
3 0

Answer:

B. 75%.

Explanation:

The formula to compute the long-term debt to equity ratio is shown below:

= (Long term debt) ÷ (total shareholder equity) × 100

= ($360 ÷ $480) × 100

= 75%

All other information which is given in the question is not consider for the computation part. Hence, ignored it

We simply divide the long term debt with the total shareholder equity to find out the ratio between them

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A fund is a pool of money set apart for a particular reason. The pool of cash in a fund is frequently invested and professionally controlled which will generate returns for its traders. A few not unusual styles of price range include pension budget, coverage funds, foundations, and endowments.

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2 years ago
A study of about 1,800 U.S. colleges and universities resulted in the demand equation q = 9,900 − 2p, where q is the enrollment
Ratling [72]

Answer:

The corresponding price elasticity of demand is -2.00.

Explanation:

The price elasticity of demand is obtained by differentiating the demand equation with respect to the average annual tuition fees (p).

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7 0
3 years ago
Does venmo fulfill the role of a medium of exchange? Does it matter for your answer that many retail stores won't accept it in p
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5 0
2 years ago
1. Why is scarcity a significant problem? A. It leads to opportunity cost. B. It forces people to make choices. C. It determines
enot [183]

1. It’s probably B and 2 . It’s  bit hard but if I had to go with something it would be C

4 0
4 years ago
The amount of time an activity can be delayed without delaying the early start date of any immediately following activities is k
otez555 [7]

Answer:

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