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chubhunter [2.5K]
3 years ago
7

In double-entry accounting, what kinds of transactions are recorded in the left debits column?

Business
2 answers:
yaroslaw [1]3 years ago
6 0
Asset debits are recorded in the left debits column.
AnnyKZ [126]3 years ago
6 0

Answer:

This will get you a 100 just copy and past it

"Asset debits are recorded in the left debits column."

Explanation:

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Kilbuck manufacturing operates in a lean manufacturing environment. kilbuck's actual conversion costs for the month of may follo
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2 years ago
Edelman engines has $20 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $10 billion in long-
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<u>Calculation of Edelman's market/book ratio:</u>


The market/book ratio is calculated with the help of following formula:

Market/book ratio = Market price per share / Book value per share


The Book value per share can be calculated as follows;

Book value per share =Common Equity/ Shares of common stock outstanding

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= 16

Hence ,

Market/book ratio = 25/16 = 1.56


Hence, Edelman's market/book ratio is <u>1.56</u>





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