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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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If bids on keywords in a bid strategy are manually overwritten, how long will it take for the bid strategy to resume bidding on

muminat

Answer: 24 hours

Explanation:

When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.

5 0

2 years ago

Abbott Landscaping purchased a tractor at a cost of $32,000 and sold it three years later for $16,000. Abbott recorded depreciat

nadezda [96]

Answer:

Record the sale

Dr Cash $16,000 Debit

Dr Accumulated Depr $18,000 Debit

Cr Equipment $32,000 Credit

Cr Gain $2,000 Credit

DEBIT (Cash + Acc Dep) $34.000 Debit

CREDIT (Equip.+Gain) $34.000 Credit

Explanation:

Equipment $32.000 Debit

Equipment Value for Depreciation $30.000 Because $2,000 is the residual value that does not compute for depreciation

Accumulated Depr $18.000 Credit

The accumulated Depreciation is calculated by dividing the equipment value of $30,000 by 5 years of service life.

As the equipment only was used 3 years, the accumulated depreciation only reflect $6,000*3 = $18,000

Record the sale

Dr Cash $16.000 Debit

Dr Accumulated Depr $18.000 Debit

Cr Equipment $32.000 Credit

Cr Gain $2.000 Credit

DEBIT (Cash + Acc Dep) $34.000 Debit

CREDIT (Equip.+Gain) $34.000 Credit

As the residual value of the equipment it's $14,000 ( $32,000 - $18,000) and the sale was by $16,000, it means a gain of $2,000

3 0

3 years ago

Resources are a. scarce for households but plentiful for economies. b. plentiful for households but scarce for economies. c. sca

GenaCL600 [577]

Answer:

c. scarce for households and scarce for economies.

Explanation:

One of the most popular definitions of economic sciences is that this field studies the allocation of scarce resources. This reference to scarcity is a general consensus that exists within economic scientifics and makes no exceptions: the economy is a virtual entity consititued by households, individuals, firms, government and environment. Is not logical to assume scarcity in the economy and plentiful in the households and viceversa.

6 0

3 years ago

RTF Oil has total sales of $911,400 and costs of $787,300. Depreciation is $52,600 and the tax rate is 21 percent. The firm is a

scoundrel [369]

Answer:

$109,085

Explanation:

From the question above RTF oil has a total sales of $911,500

The costs incurred by RTF oil is $787,300

Depreciation is $52,600

The tax rate is 21 percent

= 21/100

= 0.21

The first step is to calculate the EBIT

EBIT= Total sales-costs-depreciation

EBIT= $911,400-$787,300-$52,600

EBIT = $71,500

The next step is to calculate the tax

Tax= EBIT× tax rate

= $71,500×0.21

= $15,015

Therefore since we have gotten the tax and EBIT, the final stage is to calculate the operating cash flow

OCF= EBIT + depreciation- Tax

= $71,500+$52,600-$15,015

= $124,100-$15,015

= $109,085

Hence RTF oil has an operating cash flow of $109,085

6 0

3 years ago

A firm had been sued and found guilty of religious discrimination against people who practiced Judaism, and managers were instru

Mariana [72]

Answer: c.the policy is neither legally nor ethically sound

Explanation:

You cannot reply discrimination with reverse discrimination because it is still discrimination. What the company just did was to pay Jews more money simply because they were Jews or rather people who practice Judaism and pay those who don't practice it less. That is not ethical because it is discrimination in the work place

The US Constitution holds that all people be treated equal and paying people different amounts owing to their ethnicity contravenes the Constitution and is therefore illegal.

Even if they had good intentions at heart, what they did was illegal, unethical and can even be considered bribery to get back on the good side of the people practicing Judaism.

4 0

3 years ago