Answer:
The correct answer is letter "A": sociocultural factors.
Explanation:
Sociocultural factors represent the behavior of societies in different matters and how they can affect individuals. They are mainly driven by the difference among people in the same community and how they interact. Those factors could be <em>religion, ethnicity, </em>and <em>culture</em> to mention a few.
Answer:
Luther Corporation
Current Ratio for 2006 is closest to:
1.1 : 1
Explanation:
a) Data and Calculations:
Total Current Assets = $144 million
Total Current Liabilities = $132 million
Current Ratio = Current Assets/Current Liabilities
= $144/$132
= 1.1 : 1
b) Luther Corporation's current ratio is a liquidity measure that shows Luther's ability to pay off short-term obligations worth $132 million or those due within one year with its current assets of $144 million. The ratio tells investors and analysts of Luther Corporation how Luther can use its current assets to pay off its current debts. Since Luther's current ratio is higher than 1, it is considered good, depending on the industry average. This means that Luther's current ratio of 1.1 : 1 should not be considered in isolation, but in comparison with other firms in the industry and its performance over a number of years.
Twain career is remarkable, he chooses to become a Riverboat Pilot. We are asked what was his fist mistake at the wheel in the "Life on the Mississippi" and the answer is "He started to move away from one boat and moved towards the middle and that is the time that he needs to fight the current".
Answer:
40%
Explanation:
The computation of the return on equity is shown below:
= (Net income - interest expense) ÷ (weightage average of common stockholders' equity)
where,
Weightage average of common stockholders' equity equals to
= (Total common stockholders' equity at the beginning of the year + Total common stockholders' equity at the end of the year) ÷ 2
= ($410,000 + $290,000) ÷ 2
= $350,000
And, the other items values would remain the same
Now put these values to the above formula
So, the value would be equal to
= ($170,000 - $30,000) ÷ ($350,000)
= 40%
