Answer:
The correct answer is 2.29
Explanation:
The debt-to-capital ratio (D/E) is a measurement of a company's financial leverage.
D/E=Total debt/Total equity
Total debt=(notes payable (10.5) + current maturities of long-term debt (39.9) + long-term debt (239.7) = 290.1
Total Equity = 126.6
D/E= 290.1/126.6=2.29
Thus, the debt to equity ratio for Luther in 2018 is closest to 2.29
Answer:
d) derived
Explanation:
Derived demand is when a supplier is interested in a product not for itself, but for other associated products.
Paula is interested in New homes that are being constructed not because of the homes themselves, but she wants to sell electronics the new home owners.
It is similar to joint demand and complimentary demand as increase in one product leads to increase in the other.
The more houses being built the more electronics Paula will sell.
Answer:
Dynamic forecasting
Explanation:
Dynamic forecasting occurs when present forecast is made based on previous forecasts on the value of dependent variable.
On the other hand static forecasting is when actual previous vales to make present forecast.
Budget officials suggested that about 10% of current customers would likely quit eating out in Hamlet and drive to the nearest town
So a forecast is made on previous forecast.
Answer
A balance sheet
Explanation
A statement of financial position/ a balance sheet is a financial statement that gives a report on a company’s assets, liabilities and a difference in their totals. This statement is a reflection of cost matching and full disclosure principle procedures that is practiced in accounting.
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