Answer:
Net income of Y3K, Inc. is $155.83
Explanation:
Debt-to-equity ratio is calculated by using formula:
Debt-to-equity ratio = Total debt (or liabilities)/Total equity
Total debt (or liabilities) = Debt-to-equity ratio x Total equity = 1.1 x Total equity
Basing on accounting equation:
Total assets = Total liabilities + Total equity = 1.1 x Total equity + Total equity = 2.1 x Total equity
Total equity = Total assets/2.1 = $2,975/2.1
Return on equity (ROE) = Net income/Total equity
Net income = Return on equity (ROE) x Total equity = 11% x ($2,975/2.1) = $155.83
To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.
Answer:
in the primary market and usually with the assistance of an investment banker.
Explanation:
Primary markets are ones where newly issues securities are sold. When companies seek to gain capital from investors, they issue securities that can be bought buy investors in exchange for capital.
Investment bankers are usually involved in the sale of securities in the primary markets. They obtain the securities on behalf of the investors.
Primary markets are also called new issues market
Answer:
Please see the attachment
Explanation:
Please see the attachment . The correct answer is e. 7.47% . Please see if you can follow the steps outlined on the attachment .
Considers only initial capital investments.
