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3 years ago

Type the correct answer in each box. Use numerals instead of words. if necessary, use / for the fraction bar(s).

Mathematics

1 answer:

andre [41]3 years ago

4 0

Answer:

just type "correct answer" in those 3 boxes..

Step-by-step explanation:

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Coulter Supply has a total debt ratio of .46. What is the equity multiplier? Select one: a. .89 b. 1.17 c. 1.47 d. 1.85 e. 2.17

Archy [21]

Answer:

Option D.

Step-by-step explanation:

The formula for total debt ratio is

$\text{Total debt ratio}=\dfrac{\text{Total assets - Total Equity}}{\text{Total assets}}$

It can be rewritten as

$\text{Total debt ratio}=1-\dfrac{\text{Total Equity}}{\text{Total assets}}$ .... (1)

We know that,

$\text{ Equity multiplier}=\dfrac{\text{Total Equity}}{\text{Total assets}}$ ... (2)

Using (1) and (2) we get

$\text{Total debt ratio}=1-\dfrac{1}{\text{Equity multiplier}}$

Substitute total debt ratio=0.46 in the above equation.

$0.46=1-\dfrac{1}{\text{Equity multiplier}}$

$0.46-1=-\dfrac{1}{\text{Equity multiplier}}$

$-0.54=-\dfrac{1}{\text{Equity multiplier}}$

$\text{Equity multiplier}=-\dfrac{1}{-0.54}$

$\text{Equity multiplier}=1.85185185$

$\text{Equity multiplier}\approx 1.85$

Therefore, the correct option is D.

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3 years ago

What is the equation for the line that passes through the point (0,0) and has a slope of -1/2

prisoha [69]

Assuming it's a linear equation, y= -1/2x

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3 years ago

Identify the savings options and the investment options. business ownership bonds money market account promotional CD

Bond [772]

Answer:

The given options are -

business ownership

bonds

money market account

promotional CD

Now we have to identify these under saving options or investment options.

So, saving are :

promotional CD and money market account ( money market account is a type of saving account that can pay higher interest rate than normal savings accounts, but these accounts have higher minimum deposits.)

And investment are :

business ownership and bonds.

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4 years ago

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Jake is taking four of his friends to dinner. At the restaurant, a meal, side item, dessert, and drink cost $5.60. The first dri

KonstantinChe [14]

It's the third one! Hope this helps:3

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3 years ago

(word sentence) Pooky eats three cans of cat food each day. How long will 27 cans of food last?

pshichka [43]

ANSWER:

9 days

Solution:

$\frac{27\text{ cans}}{3\text{ cans per day}}\text{ = 9 days}$

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1 year ago

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