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3 years ago

When you are interpreting financial ratios, it is useful to compare a company's ratios to some form of standard. true?

1 answer:

5 0

The statement is true. A financial ratio or also known as the accounting ratio is a relative size of two chose numerical esteems taken from a venture's monetary articulations. Regularly utilized as a part of bookkeeping, there are numerous standard proportions used to endeavor to assess the general monetary state of a partnership or other association.

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Which of the following statements is false?

Paul [167]

Answer:

Explanation:

C. online retailing and in-store retailing experience similar rates of product return.

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2 years ago

Unusually sharp, a number in dice and giving direction or quoting a price. A decimal mark, deciding a game or a moment in time t

emmainna [20.7K]

Answer:yes

Explanation:

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2 years ago

Tracy consumes dress shoes (D) and casual Crocs (C). Her marginal utility from consuming casual Crocs is MU Subscript Upper CM

Llana [10]

Answer:

The optimal bundle is 6 pairs of dress shoes and 3 pairs of Crocs.

Explanation:

From the question,

Allowance (M) = $450; Price of dress shoes, Pd = $50; Price of crocs, Pc = $50

Note: MRS-price ratio, MUC- marginal utility from consuming casual Crocs ,MUD- marginal utility from consuming dress shoes

Optimal bundle is determined where MRS = Price ratio

MRS = MUC/MUD = 20DC/10C2 = 2D/C

Price ratio = Pd/Pc = 50/50 = 1

So, 2D/C = 1

Therefore, C = 2D

Budget constraint: M = Pd*D + Pc*C

So, 50D + 50*(2D) = 450

50D + 100D = 150D = 450

So, D = 450/150 = 3

C = 2D = 2*3 = 6

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2 years ago

BE6.10 (LO 4) Henry Quincy wants to withdraw $30,000 each year for 10 years from a fund that earns 8% interest. How much must he

marin [14]

Answer:

$201,302

Explanation:

Calculation for How much must he invest today if the first withdrawal is at year-end

First step is to calculate (FVF-OAn,i) using financial calculation

R = 30,000

n = 10

i = 8%

(FVF-OAn,i)=(6.71008)

Now let calculate the amount to be Invested today using this formula

Investment today = R (FVF-OAn,i)

Let plug in the formula

Investment today= 30,000 (6.71008)

Investment today = $201,302

Therefore the amount he must invest today if the first withdrawal is at year-end is $201,302

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2 years ago

You've decided to capitalize 100% of your new business by obtaining a loan from a local bank. Your initial funding will

fgiga [73]

Capitalize is to give or invest your capital "money" to a company or an industry. According to this question you capitalize all of your assets, therefore your initial fundings will come from shareholding.

And your welcome!

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2 years ago

Read 2 more answers