Answer:
C) The company is becoming more solvent
Explanation:
FY 2017 FY 2016 FY 2015
Total Debt $2000 $1900 $1750
Total Equity $4000 $4500 $5000
debt to equity 50% 42% 35%
Since the debt to equity ratio is continuously decreasing, we can conclude that XYZ Co. is financially stable and becoming more solvent.
Answer:
A) 10%
Explanation:
According to the de minimis exemption, an offering made to the public at beginning related to the common stock could be sold to the account in which there are restricted persons who have an interest i.e. benefited as the interest should not exceed at 10% because it seems that the account could buy an issuance of new equity
Hence, the correct option is A. 10%
Answer:
$1,583
Explanation:
Accounts receivables as at 31/12/2021 = $236,000
A/R as at 31/12/2022 :
= Accounts receivables as at 31/12/2021 + increase in AR
= $236,000 + $22,300
= $258,300
Uncollectible accounts = 1% of accounts receivables
= 1% × $258,300
= $2,583
Allowance 31/12/2021 = $8,400
Writes off = $7,400
Therefore,
Allowance = Allowance 31/12/2021 - writes ofd
= $8,400 - $7,400
= $1,000
Hence,
Bad debt expense for 2021 = Uncollectible accounts - Allowance
= $2,583 - $1,000
= $1,583
The purpose of the demand curve is to allow a firm to examine prices in terms of quantity sold.
<h3>What does the Demand Curve show?</h3>
The Demand curve shows the price at which various quantities of goods and services are bought and sold in the market.
A firm can therefore use a demand curve to see which prices they can sell their goods and at what quantity.
In conclusion, option A is correct.
Find out more on the demand curve at brainly.com/question/1486483.
Answer: Ke = D1/Po + g
Ke = $3.50/$50 + 0.06
Ke = 0.07 + 0.06
Ke = 0.13 = 13%
Explanation: Cost of equity is a function of dividend in 1 year's time divided by the current market price plus growth rate. D1 represents dividend in 1 year's time, Po denotes the current market price and g is the growth rate.