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dangina [55]
3 years ago
12

Rajan Company's most recent balance sheet reported total assets of $2.10 million, total liabilities of $0.70 million, and total

equity of $1.40 million. Its Debt to equity ratio is:
Business
1 answer:
andrew11 [14]3 years ago
4 0

Answer:

0.5.

Explanation:

Assets - Liabilities = Owner's Equity.

As the name states, the debt to equity ratio is simply obtained by dividing total debt (liabilities) by the total equity, total assets should not be included:

DER = \frac{0.70}{1.40} =0.5

Rajan Company's  debt to equity ratio is 0.5.

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Are there different laws for individuals and businesses?
Tems11 [23]
The answer to the statement is yes. It is because laws are important to promote fairness and peace. Laws are established to get things done in order and in different places and environment, there are different laws to be followed in which the statement above is related to it.
8 0
3 years ago
At some colleges and universities, economics professors receive higher salaries than professors in some other fields.
koban [17]

Answer:

Explanation:

At some colleges and universities, economics professors receive higher salaries than professors in some other fields.

A. Why might this be true?

Economists have a higher opportunity cost working in academia than professors in other fields because in certain fields that are different from academic,there is a lack of labor opportunity for professor and even when such arise ,they are difficult to get and another reason may be that economists who are good in some fields may employ themselves in other firms with higher wages because of their real life first hand experience, even when some colleges and universities wants to hire them, got to spend a greater amount of money than for professors in some other fields.

B. Some other colleges and universities have a policy of paying equal salaries to professors in all fields. At some of these schools, economics professors have lighter teaching loads than professors in some other fields. What role do the differences in teaching loads play

In order for  university to employ working force which is hard to find, they put in place differences in teaching loads ,such differences in teaching load are intended to attract economics professors by providing nonmetary compensation

3 0
3 years ago
Terapin Company engages in the following external transactions for November. 1. Purchase equipment in exchange for cash of $23,4
uysha [10]

Answer:

Journal Entries

Journal 1 :

Equipment $23,400 (debit)

Cash $23,400 (credit)

Being Purchase of Equipment

Journal 2 :

Cash  $6,800 (debit)

Service Revenue  $6,800 (credit)

Being Service rendered for Cash

Journal 3 :

Salaries Expense $2,100  (debit)

Cash $2,100 (credit)

Being Salaries expense paid

Explanation:

Narrations have been provided to explain the transaction. Remember to use the account titles provided in accounting for the transactions.

8 0
3 years ago
In at least 150 words, analyze the relationships of users and participants in marketing research projects. Examine each group th
AlekseyPX

Answer:

Financial markets offer some solace

Explanation:

Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism

5 0
3 years ago
A call option has an exercise price of $70 and matures in six months. The current stock price is $71, and the risk-free rate is
zmey [24]

Answer:

=$0.98

Explanation:

GIVEN DATA:

amount to be matures is $70

current stock price is $71

risk free rate 4%

since standard deviation for stock is given as 0 therefore price os stock is remain same i.e. $71

pay off amount is $71 -$70 = $1

maturity period is of 6 month thus amount of call is calculated as

= 1 \times e^{-0.04 \times 0.5}

= 1\times 0.9801

=$0.98

7 0
3 years ago
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