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frozen [14]
4 years ago
7

Durable Plastics Company had the following total​ assets, liabilities, and equity as of December 31.Total Assets$ 450 comma 000T

otal Liabilities131 comma 000Total Equity319 comma 000What is the​ company's debt ratio as of December​ 31? (Round your percentage answer to two decimal​ places.)
Business
1 answer:
VashaNatasha [74]4 years ago
3 0

Answer: Debt ratio = 29.11%

Explanation:

A company's Debt ratio explains the financial leverage of a company to  paying off its liabilities using its assets by measuring a company's  total liabilities as a percentage of its total assets.

Given ,

Total Assets   $ 450,000

Total Liabilities $131, 000

Total Equity $319,000

Debt ratio = Total Liabilites /total asset  x 100

=131000/450000  X 100

= 29.11%

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Dynamic Services Company purchased computers that are to be used in its consulting services. Based on the matching​ principle, t
Nina [5.8K]

Answer:

B. Depreciation Expense - Equipment

Explanation:

As according to the matching principle all the revenues should be matched against some expense,

As for the asset called computer is purchased for its consulting services, which will generate revenue, as for that some expense has to be charged against such revenues.

For this the cost of asset is provided as a depreciation expense in income statement, as proportionate to the use of equipment in current year for generating consulting services.

Correct answer is:

B. Depreciation Expense - Equipment

8 0
3 years ago
Jones Electric Motors uses a Kanban system to make motors for several garage door companies in the southeastern United States. T
Elis [28]

Answer:

7 kanban containers are required

Explanation:

Given the following information :

Average Waiting time for containers = 0.2 days

Average processing time = 0.1 days / container

Daily usage (Demand rate) = 100 per day

Container capacity = 5 housings

Policy variable ( Alpha) = 10% = 0.1%

The required number of Kanban containers required by Jones Electric Motor can be calculated thus :

[Number of containers(x) * container size] = (Demand rate (waiting time + processing time)*(1 + alpha))

x * 5 = (100 * (0.2 + 0.1)*(1 + 0.1))

5x = [100 * (0.3)*(1.1)]

5x = [100 * 0.33]

5x = 33

x = 33 / 5

x = 6.6 containers

x = 7

7 0
3 years ago
Which view is used to enter data into an Access table by default?
oksano4ka [1.4K]
Datasheet hope this helps
3 0
3 years ago
Read 2 more answers
Would you rather become a firefighter or a police officer?
Butoxors [25]
Firefighter in my personal opinion
4 0
3 years ago
Read 2 more answers
The marketing concept is a philosophy that focuses on A. Advertising products B. Selling products C. Making good products D. Pro
Pie

Answer:

D. Providing value to customers

Explanation:

The marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition. Today most firms have adopted the marketing concept, but this has not always been the case.

Hope this was helpful, have a Wonderful Day!!

4 0
3 years ago
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