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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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Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The
Verdich [7]

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Calculating the monthly rate:

The 1st quarter sales is Q1

The 2nd quarter sales is Q2

Note:

Q1= January, February & March

Q2= April, May & June

Given from the question:

Q1= 1200 gallons

Q2= 800 gallons

The monthly sales rate of is calculated by dividing the quarterly rate by 3

Q1= 1200 gallons/3 = 400

Q2= 800 gallons /3 = 266.6

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

<h3>What is sales forecasting?</h3>

Sales forecasting can simply be defined as the process of estimating the future revenue by predicting the amount of goods, products or services a sales unit will sell in the next week, month, quarter, or year.

Therefore, the monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Complete question:

Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The expected pattern of sales for the first quarters of 2011 is as follows: Sales in Units 1st quarter 2nd Quarter Quantity 1,200 gallons 800 gallons

How much quantity sales of granite paint was sold in month of

(I) February

(II)May

Learn more about sales forecasting;

brainly.com/question/14019463

#SPJ1

7 0
2 years ago
Charlotte owns a custom publishing business. She uses 500 square feet of her home (2,000 square feet) as an office and for stora
leva [86]

Answer:

As calculated below (attachment)She must deduct the expenses related to interest and taxes first, then deduct her other business expenses, then at last the depreciation.She may carry forward the $1,105 ($145 limit- $1,250 current depreciation) which she is not ble to use in the current year to a future year when her business has sufficient income to absorb the deduction.

Explanation:

7 0
3 years ago
Which of the following statements is FALSE?A) Without trading, the portfolio weights will decrease for the stocks in the portfol
Hoochie [10]

Answer: The correct answer is "A) Without trading, the portfolio weights will decrease for the stocks in the portfolio whose returns are above the overall portfolio return.".

Explanation: The statement "A) Without trading, the portfolio weights will decrease for the stocks in the portfolio whose returns are above the overall portfolio return." is FALSE, because it is the opposite, that is Without trading, the portfolio weights will <u>increase</u> for the stocks in the portfolio whose returns are above the overall portfolio return.

8 0
3 years ago
Torque engine company is considering opening a plant in china. it will cost​ $3,500,000 to set up the plant and​ $800,000 to tra
Yanka [14]

In the given problem the company is considering opening a plant in China which shall provide the anticipated gross profit of $4,500,000. The costs of the project include

$3,500,000 to set up the plant and $800,000 to train employees, and an additional $160,000 to build relationships with the local suppliers.

So the total cost of project is 3,500,000+800,000+160,000 = $4,140,000

Now the net benefit from the project shall be 4500,000 – 4140,000 = $360,000


Hence we can say that the benefits outweigh the costs by $360,000.




5 0
3 years ago
Policymakers sometimes propose laws requiring firms to give workers certain fringe benefits, such as health insurance or paid pa
zimovet [89]
I would say that the effects of such positive benefits as health insurance or paid parental leave will make the workplace much more attractive and cause a big rush to obtain employment at such places. It is well to remember that without the sacrifice of labour unions including jailings, beatings and even deaths these benefits would not be there ie they would not come just out of the goodness of someone's heart.
5 0
3 years ago
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