Side of the package I think
Answer:
To assess the risk associated with a company's use of liabilities
Explanation:
The formula for debt =total liabilities/equity
It is evident from the formula above that debt ratio does not measure the ratio of equity to expenses, neither does it determine the amount of debt that could be borrowed.
In actual fact, it measures the risk inherent in making use of debt as a source of finance instead of equity.
Answer:
both
Explanation:
there is not enough supply to fit the demand meaning said oil is more valuable so it is a good time to drill for more because it is more expensive and you know you can charge more because people will have no choice but to purchase it at your price until supply exceeds demand which will make it less valuable until the demand once again is higher than supply which will make it more valuable again.
Answer:
approximately correct and reliable
Explanation:
Remember, product costing is a summation of the cost incurred from the manufacturing process.
Direct material usage of product X implies; the value of the parts that go directly into producing products.
While the Manufacturing overhead costs are the cost that are factory-related which are incurred when producing a product, such as the cost of machinery and the cost to operate the machinery.
If the total <u>direct materials cost </u>and the <u>manufacturing overhead </u> are known, then the accountant could estimate the fraction used by Product X.
The expected value of buying this insurance policy is $50.
The expected value of buying the insurance policy is the weighted average of probabilities of the cost of the insurance and the cover if Jacob gets into an accident.
If Jacob gets into an accident and is covered, his payout will be:
= benefit - cost
= 10,000 - 750
= $9,250
The probability of this happening is 8%.
If Jacob does not get into an accident he would lose the $750 he paid in insurance premiums. The probability of this happening is:
= 100% - 8%
= 92%
The expected value of the insurance is:
= (probability of accident * payout if there is an accident) + (probability of no accident * payout if there is no accident)
= (8% * 9,250) + (92% * -750)
= $50
<em>More information on expected value can be found at brainly.com/question/17069001.</em>