Answer:
Corporation.
Explanation:
A corporation is an organization, often made up of a group of people or a company, authorized by the state to act as a single entity (a legal entity, a legal person in legal context) and recognized by law for certain/specific purposes. Early incorporated entities were established by charter (i.e. by an ad hoc act passed by a parliament or legislature), not registration. Although most jurisdictions now allow the creation of new corporations through registration.
Answer:
1. Debt–equity ratio = 1.78
2. Equity multiplier = 2.78
Explanation:
Total Debt Ratio = 0.64
Total Debt Ratio = Total Debt / Total Asset
0.64 = Total Debt / Total Asset
Considering asset = 1
0.64 = Total Debt / 1
Total Debt = 0.64 x 1
Total Debt = 0.64
According Accounting Equation
Assets = Equity + Liabilities
Equity = Assets - Liabilities
Equity = 1 - 0.64
Equity = 0.36
Now Calculate Debt equity ratio
Debt Equity Ratio = Total Debt / Total Equity
Debt Equity Ratio = 0.64 / 0.36
Debt Equity Ratio = 1.78 = 178%
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Equity Multiplier = Total Asset / Total Equity
Equity Multiplier = 1 / 0.36 = 2.78 = 278%
Answer:
b. Return on Assets is 16.63%
Explanation:
The return on assets is a profitability measure that shows the effectiveness of management in utilizing the company's assets to generate income.
The return on assets is calculated using the following formula,
Return on Assets = Net Inocme / Average Total Assets
Here,
Net Income = $104940
Average Total Assets = $631051
So,
Return on Assets = 104940 / 631051
Return on Assets = 0.16629 or 16.629% rounded off to 16.63%
Option E , ASEAN trading bloc would reduce trade barriers between China and Vietnam
Explanation:
The Association is a national intergovernmental body of ten countries in Southeast Asia that promotes intergovernmental cooperation and facilitates the integration of its members and others in the Asian economy, diplomacy, defense, the army, education and social-culture.
In and beyond the Asia-Pacific region, ASEAN regularly engages with other countries. ASEAN is a major partner in the Shanghai Cooperation Organization and operates a global network of allies and dialog members, many of them considered a financial superpower and central Asia-Pacific co-operation union.
The ASEAN Secretariat is headquartered in Jakarta, Indonesia, and is involved in numerous international affairs, and holds diplomatic missions all over the world.
Answer: Medium of exchange.
Explanation:
The $50 is given in exchange for an iPod, therefore in the question's illustration money serves as a medium of exchange. Money as a medium of exchange means that money is needed when conducting business transactions that involves buying and selling.