Answer:
The company's debt ratio at the end of the current year is 66%
Explanation:
For computing the debt ratio, we need to apply the formula which is shown below:
Debt ratio = (Total liabilities) ÷ (total assets) × 100
= ($182,200 ÷ $276,000) × 100
= 66%
The other information which are given in the question is of no use. That's why we do not consider it. Hence, ignored it.
Answer:
The market influences are the broad factors that affect the economy, industry, and companies as a whole. These factors affect the operations and profitability of the companies in a given economic region. Businesses analyze these factors before making an investment within a country or a region.
Explanation:
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Answer:
0
Explanation:
0 amount should Silverman reflect in its 2018 income statement for this sale because the good was delivered after 12/31/18.
It would be 2,796 because the rate says otherwise
Answer: Amortization
Explanation: In simple words, amortization refers to the process under which the value of an asset is reduced over time due to wear and tear that occurs over time. It is similar to depreciation but this term is applied for intangible fixed assets such as goodwill and patents.
In such process, the initial cost of the asset is decreases over time on the basis of predetermined basis and methods. It involves transferring the cost of the intangible asset to expense account.
