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GarryVolchara [31]
3 years ago
8

A firm has total debt of $1,360 and a debt-equity ratio of 0.21. What is the value of the total assets

Business
1 answer:
Vitek1552 [10]3 years ago
6 0

Answer:

$7,836.19

Explanation:

Debt / Equity = 0.21 / 1

$1,360/Equity = 0.21 / 1

Equity = $1,360/0.21

Equity = $6,476.19047

Total assets = Debt + Equity

Total assets = $1,360 + $6,476.19047

Total assets = $7,836.19047

Total assets = $7,836.19

So, the value of the total assets is $7,836.19

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Answer:

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Explanation:

5 0
3 years ago
Read 2 more answers
QUESTION THREE
sveta [45]

From the amount of capital that the graduates had, the firms economic depreciation would be $10000

<h3>How to solve for the economic depreciation of the firm</h3>

Original cost of the capital - market value of capital after a year

= $30000 - $20000

= $10000

<h3>How to solve for the partnership costs</h3>

This is the Cost of capital plus cost of office space and cost of interest =  $44,520

<h3>How to solve for economic profit</h3>

Total revenue - partnership cost

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= $55,480

Read more on economic depreciation here: brainly.com/question/14552090

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2 years ago
You decide to purchase an equal number of shares of stocks of firms to create a portfolio. If you wished to construct an index t
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Answer:

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Higher weight is given to sticks that have higher prices.

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3 0
3 years ago
Hank is a U.S. citizen and is doing a three to six-year assignment as a sales executive in Paris for a French company, which beg
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Answer:

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Ryan gave the manager of his convenience store a set of binoculars so she could see the gasoline prices charged by the other con
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3 years ago
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