Answer:
$2.4 million
Explanation:
The total assets of the firm are funded by both debt and equity,hence, the total assets is the same as total equity plus total debt based on the accounting equation formula below:
total assets=equity+debt
tota assets=$4 million
equity=unknown
debt can be derived using the debt ratio as shown thus:
debt ratio=debt/total assets
debt ratio=40%
debt=unknown
total assets=$4 million
40%=debt/$ 4 million
debt=40%*$4 million
debt=$1.6 million
$4 million=equity+$1.6 million
equity=$4 million-$1.6 million
equity =$2.4 million
A two year college may also have a vocational technical side beside the associate degree.
Vo-tech careers can take 12-24 months of study; examples culinary arts, house construction, vet tech, cosmetology. Certificate programs are also available for learning specific computer programs, project management, or health aide.
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Federal reserve notes are the marks on money like the serial number, U.S emblems, and the signatures. They show that the money is an American Dollar.
A professional interview is a stage where information about the candidate's professional profile, experiences and job details are discussed.
<h3 /><h3>How can an interview influence the candidate's vision?</h3>
The candidate is able to develop insights into the career for which they are aiming for a position in the job market, through the information provided by the recruiter about the position and the characteristics desired by professionals, such as:
- Communication
- Creativity
- Flexibility
Therefore, in a marketing career, for example, there are several characteristics that correspond to the most demanded in a candidate, due to the speed of market changes that demand constant innovation and creativity.
Find out more about interview here:
brainly.com/question/8846894
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Answer:
Net realizable value less a normal profit margin.
Explanation:
Lower of cost or market rule of inventory states that cost of inventory recorded must be that at which cost is lower, and the original cost is the current market price.
This occurs when the inventory has become obsolete, market price has declined, or inventory has deteriorated
Net realisable value is defined as selling price minus estimated cost of completion.
So the market value should not be less than net realizable value less a normal profit margin.
