<span>This is a true statement. This gives the business the ability to perform its duties and tasks. In addition, having a market-based system that allows for the business to grow and expand helps those in charge meet their financial goals.</span>
Answer:Equity multiplier=1.6
Explanation:
Debt equity ratio is given as debt/equity , Therefore
Debt = Debt equity ratio X Equity
=0.60 x $486,000
= $291,600
The Total assets given as Liability(debt+equity) will now be
=$291,600+$486,000
=$777,600.
Therefore Equity multiplier, Total assets/Total equity
=(777,600/486,000)=1.6
Answer:
B) It would decrease
Explanation:
Suppose that Company XYZ assets before the sale of assets were $2,000,000 and is total debts were $1,500,000. The debt to asset ratio before the sale of assets were:
Debt/Asset ratio=$1,500,000/$2,000,000=0.75
Now the Company XYZ has decided to sell the the assets worth $1,000,000 to pay Debts so the assets now will become $1,000,0000 while the Debts now will become $500,000 and accordingly the debt to asset ratio will be calculated as follows:
Debt/Asset ratio=$500,000/1,000,000=0.50
So based on the above discussion, the answer shall be B) It would decrease
Question 30.... are more quantitative and analytical.
The study about High-Paying, In Demand Job Skills, of a global media leading company will lead you to a conclusion that quantitative and analytical traits of an employee is more important than an employee who is computer literate and good at foreign languages. These traits are helpful in any field.
