Answer:
Matching Statements to Appropriate Terms:
Price-earnings ratio = Profitability Ratio
Return on Assets = Profitability Ratio
Accounts Receivable Turnover = Liquidity Ratio
Earnings per share = Profitability Ratio
Payout ratio = Profitability Ratio
Working capital = Liquidity Ratio
Current ratio = Liquidity Ratio
Debt to Assets = Solvency Ratio
Free Cash Flow = Solvency Ratio
Explanation:
Profitability Ratios are one of the classes of financial metrics that measure a business's ability to generate earnings relative to its revenue, operating costs, assets, or shareholders' equity during a period of time.
Liquidity Ratios measure the ability of the company to pay its maturing short-term debt obligations from its current assets. They include the working capital, the current ratio, and the acid-test ratio.
Solvency Ratios measure the ability of the company to pay its maturing long-term debt obligations from its assets.
Answer:
Deductible Interest is $11,250
Explanation:
Compute at the amount of $750,000 the interest Amy could deduct as follows:
Since the interest on loan secured by home could be deduct on the first $750,000 borrowing amount. Hence,
Deductible Interest = Interest Paid × ($750,000 / Loan Secured by income)
Deductible Interest = $12,000 × ($750,000 / $800,000)
Deductible Interest = $11,250
Hence, the Amy could deduct interest on borrowing $11,250
Answer:
Explanation:
The journal entry is shown below:
Interest expense A/c Dr $3,000
To Interest payable A/c $3,000
(Being interest is recorded)
The computation of the interest expense is shown below:
= Principal × rate of interest × number of months ÷ total number of months in a year
= $125,000 × 6% × (4 months ÷ 12 months)
= $2,500
The four-month is calculated from the September 1 to December 31
A leadership is best described as the ability to influence a group toward the achievement of a vision or set of goals.
<h3>What is a
leadership?</h3>
In a formal setting, this refers to individual ability to influence, lead and guide others people to accomplish a predetermined mission in the manner desired.
Hence, it is best described as the ability to influence a group toward the achievement of a vision or set of goals.
Therefore, the Option D is correct.
Read more about leadership
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