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e-lub [12.9K]
3 years ago
10

Based on the following information about Company X, which is true?

Business
1 answer:
Norma-Jean [14]3 years ago
8 0

Answer:

A. Company X pay bills in 19 days

Explanation:

Days Payable Outstanding indicates that the average payables are 19 days old. It is calculated by dividing the credit purchases by the average payables.

The other options are not valid due to following:

B: Company X has more equity than debt, this is negated by the Debt/ Equity ratio is 1.4 which indicates that the debt is 140 % ties of equity.

C: The Company pays bills in 20 days. It is negated by the Days payable outstanding which is 19.

D: Company pays interest in 12 days, is invalid as the Times Interest Earned indicates that the Company is earning 12 times its interest costs.

E: Company generates $ 3.10 in profit per dollar invested in assets is also not valid .

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almond37 [142]
I think it would be generic brand
7 0
3 years ago
What is a source of financial vulnerability for people in late adulthood?
nlexa [21]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found elsewhere:

a)   Gambling
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<span>   d)   Cost of living
</span>
The answer is B which is Reliance on fixed income

5 0
3 years ago
If the required reserve ratio is 2.50 percent, what is the monetary multiplier? if the monetary multiplier is 5, what is the req
ludmilkaskok [199]

If the required reserve ratio is 2.50 percent, the monetary multiplier is 40.

The money multiplier gives us the ratio of deposits to reserves (i.e. 1/R). That means, if the reserve ratio is 2.50% (i.e. 0.025), the money multiplier is 40 (i.e. 1/0.025). Thus, an initial deposit of USD 1,000 will end up creating a total of USD 40,000 in new money.

If the monetary multiplier is 5, the required reserve ratio is 20%.

Playing with the original multiplier formula, we can derive that R=1/m (m is money multiplier). If the money multiplier is 5, then the reserve ratio is 20% (i.e. 1/5 or 0.20).

8 0
3 years ago
The Securities and Exchange Commission (SEC) may discipline accountants. Under its disciplinary powers, the SEC may suspend an a
Sav [38]

Answer:

D. Conviction of a felony.

Explanation:

The basis for the suspension is the <u>Conviction of a felony</u>. As common, significantly more severe the violation, that has more severe the penalty. As an illustration but observed guilty of a misbehavior violation, thou may only have to give a penalty. If a court declares a felony conviction after that you may be inspecting various years in the penitentiary. Remaining convicted concerning a felony is a dangerous matter.

5 0
4 years ago
In computations of weighted average of shares outstanding, when a stock dividend or stock split occurs, the additional shares ar
amm1812

Answer:

The correct option is 4

Explanation:

Weighted average shares outstanding, is the term which is described as the number of company shares evaluated after the adjustment for the variations in the share capital through the reporting year.

The shares of the company which are outstanding will not be constant and might change or vary through various times through the period.

While computing the weighted average of the shares outstanding, when the stock dividend happen, the extra shares are taken as outstanding at the starting of the earliest period.

8 0
3 years ago
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