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sergij07 [2.7K]
3 years ago
12

Charger company's most recent balance sheet reports total assets of $28,892,000, total liabilities of $16,492,000 and total equi

ty of $12,400,000. the debt to equity ratio for the period is (rounded to two decimals):
Business
1 answer:
jek_recluse [69]3 years ago
3 0
I would say that since the debt to equity ratio is the total liabilities divided by the total stockholder's equity is then $16,492,000/$12,400,000= 1.33. The debt to equity ratio is an indication of the amount of debt being used by a company to provide money to its assets relative to the amount of shareholder's equity.
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How would the inventory cost change if labeling and packing were moved to the DC? Assuming the demands are independent of each o
umka2103 [35]

Answer:

Firstly packaging and labeling costs can be either be charged on variable overheads cost or on selling overheads costs( distribution and marketing cost).

Assuming they are charged on Selling overheads cost:

There are no figures to illustrate the change on inventory cost as a result of moving Labeling and packaging from selling overheads to Direct Costs ( DC) but indefinitely when there are new costs charged to the direct costs of inventory, inventory cost will increase by their exact costs.

If they are charged on Variable overheads then they are already part of inventory cost as is variable cost on Work in process therefore there wont be change in inventory cost just change in direct material.

Explanation:

6 0
2 years ago
Recently many large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Fe
xenn [34]

Answer:

A. True

Explanation:

Large commercial and retail banks have been choosing to increase the amount of excess reserves they hold in the Federal Reserve, and this has caused an increase in the money multiplier and the money supply.

This is true as an increase in the Federal reserves would lead to increased room for loan and lending facilities which would also help increase the money supply of the populace.

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3 years ago
Specter Co. combines cash and cash equivalents on the balance sheet. Using the following information, determine the amount repor
myrzilka [38]

Answer:

Specter Co.

The amount reported on the year-end balance sheet for cash and cash equivalents is:

= $31,100.

Explanation:

a) Data and Calculations:

Cash deposit in checking account = $16,000

Bond investment due in 20 years = $46,000

US Treasury bill due in 1 month = $11,500

3-year loan to an employee = $850

Currency and coins = $3,600

Accounts receivable  $1,150

Cash and Cash Equivalents:

Cash deposit in checking account $16,000

US Treasury bill due in 1 month         11,500

Currency and coins                             3,600

Total cash and cash equivalents =  $31,100

b) Cash and Cash Equivalents are Specter's assets that are in the form of cash (currency and coins) and Specter's assets that can be readily converted into cash (Treasury bills and notes, commercial papers. certificates of deposit, money market funds, and cash management pools).

4 0
3 years ago
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Answer: False

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The contract is such that Molly agreed to bring bracelets if Jean would pay for said bracelets.

The terms of the contract therefore are that Jean would pay and Molly would deliver. Jean then calls Molly and says that they will be unable to pay which means that they are not going to be able to hold up their responsibilities in the contract.

Molly has the right to then cancel the contract because the other party will not be able to perform their obligations and face no repercussion for it.

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3 years ago
Select the items the describe possible problems with being unemployed and not earning income.
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The answers are.:

A)

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C)

D)

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