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2 years ago

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]2 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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Answer:

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the xyz block company purchased a new office computer and other depreciable computer hardware for $12,000. during the third year

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Present worth is $7,944 ( Considering some assumptions )

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Depreciation per year = ( Cost of Asset - Salvage value ) / Useful life

= ($12,000 - $0) / 5 = $12,000/5 = $2,400 per year

It is assumed that the assets are donated at the end of third year and depreciation of that year is fully charged.

Depreciation for 3 years = $2,400 x 3 = $7,200

Now As all these event happened in the past and it is assumed that we are standing at the end of year 3, the present worth of the all these depreciation is actually the future value of these deduction because it was made earlier.

Present worth of depreciation is as follows

Present Worth = [$2,400 x (1+0.1)^2 ] + [$2,400 x (1+0.1)^1 ] + [$2,400 x (1+0.1)^0 ] = $2,904 + $2,640 + $2,400 = $7,944

Third deduction was made at the date when worth is being calculated.