1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
finlep [7]
3 years ago
11

Wiley's has total equity of $679,400, long-term debt of $316,900, net working capital of $31,600, and total assets of $1,123,900

. What is the total debt ratio?
Business
1 answer:
Elenna [48]3 years ago
7 0

Answer:

The answer is 0.4

Explanation:

The formula for total debt ratio is total debt ÷ total assets.

Total debt equals current debt plus total long-term debt.

To find total debt(liability), remember Asset = Liability + Equity.

Therefore, Liability (debt) will be Asset - equity

$1,123,900 - $679,400

Total debt(liability) = $444,500

So, total debt ratio will be:

$444,500/$1,123,900

=0.4

This ratio means 0.4 or 40 percent of the company asset is financed by debt.

You might be interested in
Two stores sell the same computer for the same original price. store a advertises that the computer is on sale for 25% off the o
jonny [76]
Correct choice would be D. 0.75p=p-180
4 0
3 years ago
Which of the following is consistent with the CAPM and efficient capital markets? A) A security with a beta of 1 has a return la
Rus_ich [418]

A security with a beta of 1 has a return last year of 8% when the market has a return of 12%.

Answer: Option A

<u>Explanation:</u>

In a market of the capitals, the return that a person will get from the security will depend upon the risk that has been associated with that security. The CAPM says that the return of the security that a person will get depend upon the beta of the security. Here beta is the measure with which we can measure the risk of the security. It is an absolutely correct measure of the security risk.

6 0
3 years ago
Define cultural intelligence<br>How important is it terms of doing business globulty
Alex17521 [72]
Cultural Intelligence can be described as the capability of a person to relate and communicate to different cultures including his own. This can be very important in terms of doing global business involving different cultures. This intelligence can be used to analyze other cultural techniques and easily relate to them. 
4 0
3 years ago
________________ focuses on explaining the differences between planned and actual contribution margins. a.Contribution margin an
Usimov [2.4K]

Answer: A.) Contribution Margin analysis

Explanation: The contribution margin analysis could be explained as an analytical tool in accounting which helps managers in observing variation or differences in the budgeted and actual contribution margin of a product. The contribution margin is used to determine the revenue made on a product after deducting the fixed cost incurred in it's production. It is also used to evaluate the performance of individual product derived from the amount of residual profit after deducting necessary production cost.

5 0
3 years ago
A company with $60,000 in current assets and $35,000 in current liabilities pays a $1,000 current liability. As a result of this
dimaraw [331]

Answer:

Increase and remain the same respectively

Explanation:

Given the above information, we know that current ratio is computed as;

Current ratio = Current assets ÷ Current liabilities

Current ratio = $60,000 ÷ $34,000

Current ratio = 1: 1.76

Working capital is computed as;

= Current asset - Current liabilities

= $60,000 - $34,000

= $26,000

As a result of the above, the current ratio increased because of the reduction in the current liabilities value while the working capital remains the same.

8 0
3 years ago
Other questions:
  • There are four basic principles of finance. Which principle correctly describes the following​ statement: ​ "A dollar today is w
    12·1 answer
  • The law of increasing costs means that when an economy increases the production of one item
    14·1 answer
  • The benefits of belonging to professional organizations include the development of professional contacts and the opportunity to
    11·2 answers
  • Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
    13·1 answer
  • International marketing can be defined as
    13·1 answer
  • A production facility is trying to determine the best batch size for an item that is produced intermittently. This item has an a
    15·1 answer
  • If all projects are assigned the same discount rate for purposes of​ evaluation, which of the following could​ occur? A. Highmin
    9·1 answer
  • Kevin Chitry, a sales executive for CIT Manufacturing, frequently took clients out for dinner and shows when they came to town t
    14·1 answer
  • PLS HURRY I AM ON A TIMER! what types of people can you learn from on Twitter?
    10·2 answers
  • Suppose that Chillmax Company now sells both pairs of shoes and fabric carryalls. The pairs of shoes are priced at $60 and have
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!