Answer:
0.64
Explanation:
Debts to total asset ratio = Total liabilities / total assets
For J.Cox Inc 2016; Debts to total asset ratio = $47,422 / 73,744
Debts to total asset ratio = 0.64306
Debts to total asset ratio = 0.64
2016 debt-to-total-assets ratio for J. Cox, Inc. is 0.64
Answer:
Howdy Doody show in the 2018 income statement as income from this investment is $24225
Explanation:
given data
purchased = 15%
common stock = $58,000
net income 2018 = $15,000
net income 2019 = $58,000
dividend = $61,500
fair value = $73,000
to find out
How much Howdy Doody show in the 2018 income statement as income from this investment
solution
we know that net income to be reported as income by investment is the sum of income from dividend + unrealised gain
so here
unrealised gain = increase in value of stock that is
= $73,000 - $58,000 = $15000 .............1
and
income from dividend is = 15 % of $61,500
income from dividend = $9225 .................2
now add equation 1 and 2
Howdy doody show in 2018 income statement as income from this investment = Dividend revenue + Unrealized holding gain
income statement = $9225 + $15000
income statement = $24225
Answer:
A. Machine
Explanation:
There are various categorisations of entrepreneurs based on their characters, abilities and strategies among others. However,the founder institute developed a new categorisation for entrepreneurs by testing about 30,000 entrepreneurs including known names like Steve Jobs and Elon Musk and categorising them based on their priorities and qualities into the following: Hustler, Prodigy, Visionary, Innovator, Strategist and Machine.
Machine Category: This represents entrepreneurs who maintain a high level of focus getting things done. They simply focus on the task ahead of them and get them done. They are very concerned about efficiency and effective delivery of their tasks. Lin simply became very good at what she was doing by being dedicated to the tasks ahead of her.
Other Categories
Hustlers- they can sell anything and get into the promotion and sales of all manner of products and services
Prodigy - The excel in business with innate business instinct and sense, their strong intellects and social skills ensures their success
Visionary - Combines innovation with enthusiasm and is capable of carrying the masses along in these innovations as a result of the energy committed
Innovator- Always looking forward to improving on old ideas and find new ways of doing things. They are challenged by change
Strategist- Always looking at how to achieve long term goals, very tactical and calculating.
Answer:
d)$1,100 long-term capital gain
Explanation:
Given the information from the question. We know that a long-term capital gain or loss comes from investment that was possessed for a year or longer. However in this case, since the necklace was a gift .Therefore, there were no capital gain in 2014. In 2016, Lindsey sold the necklace for $1200. Therefore, the capital gain on the necklace will calculated as $1200- $100 = $1100. Where the $100 is a cost purchase for the previous owner. Therefore, long-term capital gain is $1100 which is option D.
Answer:
option (D) $1,000
Explanation:
Data provided in the question:
Sales when 10 prefabricated garages per week are sold = $10,000 each
Sales when 9 prefabricated garages per week are sold = $11,000 each
Now,
Marginal revenue is given as Change in revenue with 1 unit change in production
Thus,
Marginal revenue = ( $10,000 × 10 ) - ( $11,000 × 9 )
= $100,000 - $99,000
= $1,000
Hence,
The answer is option (D) $1,000
