Answer: Jack Corp's D/E ratio is 0.67.
We follow these steps to arrive at the answer:
We begin with the DuPont Identity for Return on Equity (RoE)
![RoE = Net Profit Margin * Asset turnover Ratio * Equity Multiplier](https://tex.z-dn.net/?f=RoE%20%3D%20Net%20Profit%20Margin%20%2A%20Asset%20turnover%20Ratio%20%2A%20Equity%20Multiplier)
Substituting the values from the question in the DuPont identity we get,
![0.1964 = 0.051 * 2.3 * Equity Multiplier](https://tex.z-dn.net/?f=0.1964%20%3D%200.051%20%2A%202.3%20%2A%20Equity%20Multiplier)
![Equity Multiplier = \frac{0.1964}{0.051*2.3}](https://tex.z-dn.net/?f=Equity%20Multiplier%20%3D%20%5Cfrac%7B0.1964%7D%7B0.051%2A2.3%7D)
![Equity Multiplier = \frac{Total Assets }{Equity}](https://tex.z-dn.net/?f=Equity%20Multiplier%20%3D%20%5Cfrac%7BTotal%20Assets%20%7D%7BEquity%7D)
So,
![\frac{1}{Equity multiplier} =\frac{Equity}{Total Assets}](https://tex.z-dn.net/?f=%5Cfrac%7B1%7D%7BEquity%20multiplier%7D%20%3D%5Cfrac%7BEquity%7D%7BTotal%20Assets%7D)
Substituting the value of equity multiplier in the formula above we get,
![\frac{Equity}{Total Assets} = 0.597250509](https://tex.z-dn.net/?f=%5Cfrac%7BEquity%7D%7BTotal%20Assets%7D%20%3D%200.597250509)
Now,
![\frac{Equity}{Total Assets} + \frac{Debt}{Total Assets} =1](https://tex.z-dn.net/?f=%5Cfrac%7BEquity%7D%7BTotal%20Assets%7D%20%2B%20%5Cfrac%7BDebt%7D%7BTotal%20Assets%7D%20%3D1)
So,
![\frac{Debt }{Total Assets} = 1 - \frac{Equity}{Total Assets}](https://tex.z-dn.net/?f=%5Cfrac%7BDebt%20%7D%7BTotal%20Assets%7D%20%3D%201%20-%20%5Cfrac%7BEquity%7D%7BTotal%20Assets%7D)
![\frac{Debt }{Total Assets} = 1 - 0.597250509 ](https://tex.z-dn.net/?f=%5Cfrac%7BDebt%20%7D%7BTotal%20Assets%7D%20%3D%201%20-%200.597250509%0A)
![\frac{Debt }{Total Assets} = 0.402749491 ](https://tex.z-dn.net/?f=%5Cfrac%7BDebt%20%7D%7BTotal%20Assets%7D%20%3D%200.402749491%0A)
Now that we have the proportions of debt and equity to total assets, we can find the Debt Equity (D/E) ratio as follows:
![\frac{D}{E} = \frac{\frac{Debt}{Total Assets}}{\frac{Equity}{Total Assets}}](https://tex.z-dn.net/?f=%5Cfrac%7BD%7D%7BE%7D%20%3D%20%5Cfrac%7B%5Cfrac%7BDebt%7D%7BTotal%20Assets%7D%7D%7B%5Cfrac%7BEquity%7D%7BTotal%20Assets%7D%7D)
Substituting the values we get,
![\frac{D}{E} = \frac{0.402749491 }{0.597250509 }](https://tex.z-dn.net/?f=%5Cfrac%7BD%7D%7BE%7D%20%3D%20%5Cfrac%7B0.402749491%0A%7D%7B0.597250509%0A%7D)
![\frac{D}{E} = 0.674339301 ](https://tex.z-dn.net/?f=%5Cfrac%7BD%7D%7BE%7D%20%3D%200.674339301%0A)
Answer:
$20 million is expected to have cash balance at the end of the year.
$39 million is the maximum possible investment funds that company is expected to invest.
Yes it is true net cash flow is likely to decrease in the next quarter if the company allows customer to pay in 90 days instead of 60 days.
Answer:
The answer is "True".
Explanation:
Please find the complete question in the attached file.
It implies that its price of the bond is 101-16, which is to say
Each bond is thus stated as
face value
![\to 101.5\% \times 100,000 \\\\\to 101,500.00](https://tex.z-dn.net/?f=%5Cto%20101.5%5C%25%20%5Ctimes%20100%2C000%20%5C%5C%5C%5C%5Cto%20101%2C500.00)
That's why this statement is true.
<span>Managers should conduct a 360 evaluation of staff performance. This includes gathering feedback from suppliers, customers, and other employees. Customer surveys, with an incentive, are an effective way to measure success and gather target feedback. A key performance indicator for this type of business is customer retention.</span>
Answer:
the answer is
if Tom saves 2 percent of money in saving accounts he will have963,600 at the end of year