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4 years ago

7

g A company's most recent balance sheet reported total assets of $1.9 million, total liabilities of $0.8 million, and total equi

ty of $1.1 million. Its Debt to equity ratio is: Group of answer choices

1 answer:

ASHA 777 [7]4 years ago

6 0

Answer:

0.73

Explanation:

Debt to equity ratio is calculated as Total debt / Total equity

= $0.8 million / $1.1 million

= 0.73

Therefore, debt to equity ratio is 0.73

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Jeff is trying to buy a new car. Which of the following may cause him not to be able to get a loan to purchase the car?

mash [69]

The answer to this question is all of the above so d

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3 years ago

Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on interna

MissTica

Answer and Explanation:

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4 years ago

Al invested $7,200 in an account that pays 4 percent simple interest. how much money will he have at the end of five years?

Gre4nikov [31]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Below are the choices that can be found form other sources:

A. $8,710
B. $8,056
C. $8,640
D. $8,678
E. <span>$8,299
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The amount of money will he have at the end of five years is C $8,640

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3 years ago

What is austin's mileage expense deduction (at the standard mileage rate) for his business as a personal trainer?

Ugo [173]

Answer:

$1,653

Explanation:

Austin can only file a mileage expense deduction for the miles he drives for business purposes; only 2,850 miles were driven for business purposes from his to the gym. Miles driven from your home to work or vice versa are not deductible.

to calculate the mileage expense we multiply the amount of qualifying miles times the standard deduction rate = 2,850 miles x $0.58 per mile = $1,653

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3 years ago

Crystal Charm Company makes handcrafted silver charms that attach to jewelry such as a necklace or bracelet. Each charm is adorn

Damm [24]

Answer:

silver

direct materials price variance = $1,050 favorable

direct materials quantity variance = $13,200 favorable

Crystals

direct materials price variance = $671 favorable

direct materials quantity variance =$1,327.50 favorable

direct labor

direct materials rate variance = $1,200 unfavorable

direct materials efficiency variance =$2,100 favorable

Explanation:

silver

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (350×$21,00)-(350×$24.00)

= $1,050 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (350×$24.00) -(1,500×0,60×$24.00)

= $13,200 favorable

Crystals

direct materials price variance = (Aq×Ap)-(Aq×Sp)

= (3,050×$0,23)-(3,050×$0.45)

= $671 favorable

direct materials quantity variance = (Aq×Sp)-(Sq×Sp)

= (3,050×$0.45) -(1,500×4.00×$0.45)

= $1,327.50 favorable

direct labor

direct materials rate variance = (Aq×Ap)-(Aq×Sp)

= (2,400×$14,50)-(2,400×$14.00)

= $1,200 unfavorable

direct materials efficiency variance = (Aq×Sp)-(Sq×Sp)

= (2,400×$14.00) -(1,500×1.50×$14.00)

= $2,100 favorable

4 0

4 years ago