1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natita [175]
3 years ago
8

A firm has total assets of $2,060,000. it has $847,000 in long-term debt. the stockholders equity is $647,000. what is the debt

to total asset ratio?
Business
1 answer:
Julli [10]3 years ago
5 0
I believe the answer is 67% hope this helps 
You might be interested in
4. You have determined that Company X estimates bad debt expense with an aging of accounts receivable schedule. Company X's esti
MariettaO [177]

Answer:

a. $180

Explanation:

Bad debt expenses is generally classified as Administrative expense and hence it is included in the expense section of the income statement before the calculation of the Net Income.

From the question it is evident that the write offs during the period were $180 and hence the expense recorded in the Income statement as bad debt expense would be $180 because they are unrecoverable for the current period.

Hope this helps.

Thanks buddy.

4 0
3 years ago
Read 2 more answers
For 2019, Skresso Co. reported $1.82 of earnings per share of common stock. During 2020, the firm had a 4% common stock dividend
mart [117]

Answer:

$1.75

Explanation:

Earnings per share to be reported = Earnings per share of commo stock * (1 - 4%)

Earnings per share to be reported = $1.82 * 96%

Earnings per share to be reported = $1.7472

Earnings per share to be reported = $1.75

So, the 2019 earnings per share to be reported in the annual report for 2020 are $1.75.

4 0
3 years ago
State Street Beverage Company issues​ $805,000 of​ 9%, 10-year bonds on March​ 31, 2017. The bonds pay interest on March 31 and
Citrus2011 [14]

Answer:

Option (B) If the market rate of interest is 10%, the bonds will issue at a discount

Explanation:

Interest rate risk is defined as the risk changing which, interest rates will affect bond prices. When current interest rates are greater than a bond's coupon rate, the bond will be sold below its face value at a discount. When interest rates are less than the coupon rate, the bond can be sold at a premium--higher than the face value.

7 0
3 years ago
How do banks benefit of giving people loans
Kitty [74]

Answer: It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit.

Explanation: Hopefully this helped!

5 0
3 years ago
Read 2 more answers
What is a trailing stop loss
Sveta_85 [38]

A trailing stop-loss order is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price. A trailing stop-loss is sometime referred to simply as a trailing stop.

4 0
3 years ago
Read 2 more answers
Other questions:
  • 13, a company has recently outsourced its payroll process to a third-party service provider. an audit team was scheduled to audi
    9·1 answer
  • Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for dis
    12·1 answer
  • To feel confident and to sell your qualifications, you should prepare and practice ____________________ stories that provide spe
    9·1 answer
  • Prior to recording adjusting entries, the Office Supplies account had a $363 debit balance. A physical count of the supplies sho
    10·1 answer
  • Book Bound sells a wide variety of books to retail bookstores. Book Bound recently published two new books: a popular mystery no
    8·1 answer
  • Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Complia
    6·1 answer
  • Assume yourself as a Marketing Specialist of a Company and Determine the New Product Development Process by manufacturing a New
    10·1 answer
  • The laser printer in your home office needs to be replaced. You have been using it to print the normal number of pages that resu
    8·1 answer
  • Examine a local industry in your locality and describe the problems that it faced.​
    15·1 answer
  • an architectural design company just won the bid for a huge project. to ensure that everyone does the right work at the right ti
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!