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crimeas [40]
3 years ago
15

Calculate the net debt of the company based on the information below:

Business
1 answer:
galina1969 [7]3 years ago
6 0

Answer:

$28,300

Explanation:

Calculation to determine the net debt

Using this formula

Net debt=(Short-term interest bearing debt +

Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents

Let plug in the formula

Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200

Net debt=$29,500-$1,200

Net debt=$28,300

Therefore Net debt is $28,300

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The comparative financial statements for Prince Company are below:
zheka24 [161]

Answer:

It is increases by 0.155 times

Explanation:

As we know that    

Current ratio = Current assets ÷ Current liabilities

where,

Current assets = Cash + account receivable + inventory

So in year 1, the current ratio is

= ($7,000 + $18,000 + $34,000) ÷ ($17,000)

= ($55,000) ÷ ($17,000)

= 3.47 times

And, in year 2 , the current ratio is

= ($4,000 + $14,000 + $40,000) ÷ ($16,000)

= ($58,000) ÷ ($16,000)

= 3.625 times

Therefore, it is increases by 0.155 times

8 0
3 years ago
Increasingly concerned about my minor heartbeat irregularities, I think that my health is being threatened, and more and more of
BabaBlast [244]

Answer:

Option C is the correct one.

Cognitive

Explanation:

Increasingly concerned about my minor heartbeat irregularities, I think that my health is being threatened, and more and more often I misinterpret my body's normal signals. The cognitive viewpoint best explains the experiences.

7 0
3 years ago
This chapter discusses many types of costs: opportunity cost, explicit costs, fixed cost, variable cost, average fixed cost, and
melomori [17]

Answer: See explanation

Explanation:

In a pizza industry, the cost of the factory is a (fixed cost) only in the short run but not in the long run.

(Average fixed cost) is always falling as the quantity of output increases.

A cost that depends on the quantity produced is a (variable cost).

The term (opportunity cost) refers to all the things you must give up for taking some action.

The term (explicit cost) refers to costs that involve direct monetary payment by the firm.

(Average variable cost) is falling when marginal cost is below it and rising when marginal cost is above it.

4 0
3 years ago
Suppose Antonio and Caroline are playing a game in which both must simultaneously choose the action Left or Right. The payoff ma
ladessa [460]

Answer:

Caroline to choose right

Antonio chooses left and Caroline chooses right.

Explanation:

Interpreting the payoff matrix:

Both choose right:

Antonio receives 3, Caroline receives 7

Both choose left:

Antonio receives 4, Carolina receives 6

Caroline chooses left, Antonio chooses right:

Antonio receives 7, Caroline receives 5

Caroline chooses right, Antonio chooses left:

Antonio receives 6, Caroline receives 8

As we can see, Antonio only has a better payoff then Caroline if she chooses left and he chooses right. Therefore, the dominant strategy is for Caroline to choose right, this way she will always have the greater payoff.

If Antonio chooses right, the outcome may alter depending on the outcome, therefore it is not a Nash Equilibrium. However, if Antonio chooses left, no matter what Caroline chooses, she will have the greater payoff. At the same time, if Caroline chooses right, Antonio cannot change the outcome by changing his strategy. Therefore, the outcome reflecting the unique Nash equilibrium in this game is as follows: Antonio chooses left and Caroline chooses right.

8 0
3 years ago
What is a sercured loan
VARVARA [1.3K]

Answer:

Secured loan is as below

Explanation:

A secured loan is money that you borrow by offering an asset as collateral. The lender will hold on the asset until the full loan amount is paid back. A secured loan is a good option when borrowing a large amount of money.  It attracts low-interest rates.

Lenders consider secured loans less risky because the customer provides a valuable asset as a back-up should they fail to repay. Homes and land are the most common properties used as collateral for secured loans.

6 0
3 years ago
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