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Sholpan [36]
3 years ago
5

A corporation reports the following year-end balance sheet data. The company's debt ratio equals:

Business
1 answer:
vlada-n [284]3 years ago
5 0

Answer:

2.20

Explanation:

The company's debt ratio equals: 2.20

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Fenton Manufacturing Company at June 30: Cash in bank account $ 6,455 Inventory of postage stamps $ 74 Money market fund balance
Dmitrij [34]

Answer:

$19,462

Explanation:

The computation of the cash and cash equivalent is shown below:

= Cash in bank account + Money market fund balance + petty cash balance + money orders

= $6,455 + $12,400 + $350 + $257

= $19,462

It includes only cash in bank account, balance in money market, petty cash balance and the money orders

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
The holder of a promotional permit may:
timurjin [86]

Answer:

Offer in-store wine and beer samples.

Explanation:

Promotional permit was established to allow a person promote sale of alcoholic beverages on behalf of the manufacturer. Such alcoholic beverage must however be sold on the premises of the licenced holder.

A promotional permit holder, according to the Texas Alcoholic Beverage Commission,which was established in 1935, may involve in the sales of alcoholic beverages in a state or premises of the license holder. It is to be noted that the license holder must qualify enough before being granted the permit and must also pay some fees before carrying on such activities.

3 0
3 years ago
Type of power based on manager's ability to influence employees with something of value to them.​
frosja888 [35]

Answer:

incentive or reward

Explanation:

incentive pay, time and a half pay for overtime are examples

4 0
3 years ago
The value of a forward or futures contract is: A) equal to the spot price at expiration. B) specified in the contract. C) typica
notsponge [240]

Answer:

C) typically zero at initiation.

Explanation:

The reason that their value is zero at initiation is that they are formed in a way that is neither beneficial for the short of the long party therefore they have a value of 0.

5 0
3 years ago
When Christopher dies, he wants to leave one half of his adjusted gross estate to his spouse and the other half of the estate to
USPshnik [31]

Answer:

I believe it is marital will

5 0
3 years ago
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