Is this supposed to be a multiple choice question? It is way fun to think about projects other people might be up to which carry outrageously high risk!

Restaurants are a common example -- there's a little bit of magic in whether a new restaurant will catch on and become popular.

Farming is pretty risky. You can do everything right and have a hail storm come and ruin the crops. That's why there are government programs and commodity markets that help farmers mitigate their risk -- because the rest of us who need to eat really need for people to be willing to farm!

8 0

3 years ago

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Statement Of Owner's Equity Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following

Dovator [93]

Answer:

$2,433

Explanation:

Net Income = Sales - Expenses

where,

Sales = $3,033

and

Expenses = $600

therefore,

Net Income = $3,033 - $600 = $2,433

3 0

2 years ago

The purpose of the news media is to do which of the following?

wolverine [178]

Answer:

The purpose of the news media is to provide information

Explanation:

The news media gives target information that enables individuals to use sound decisions. The motivation behind news media is to offer projects and administrations that illuminate, teach, instruct, and enhance general society and help educate everyday talk fundamental to American culture. It is CPB's specific duty to empower the advancement of substance that includes innovative hazard, and that tends to the requirements of unserved and underserved spectators, particularly youngsters and minorities. CPB goes about as a watchman of the essential purposes for which open telecom was set up.

7 0

3 years ago

Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2018. If the firm’s total assets at year-end

il63 [147K]

Answer:

Total debt is $15.91million

Total equity is 9.09miliion

Explanation:

Debt-to-equity ratio relates to how a firm is financing its operations through debt versus shareholders' equity(owners' fund)

The formula is: Total debt/total equity

Debt-to-equity ratio = 1.75times

Total assets =$25 million

We know the Equity = Asset - liability(debt)

We can rewrite the equation as:

Debt-to-equity ratio = Total debt/asset - debt

Let's represent debt as 'y'

1.75 = y/$25million - y

y = 1.75($25million - y)

y = $43.75 - 1.75y

Collect the like terms

y + 1.75y = $43.75million

2.75y = $43.75million

y = $43.75million/2.75

y = $15.91million

Therefore, total debt is $15.91million

Using the same formula: Total debt/total equity

Lets represent equity with z

1.75 = $15.91million/z

z = 15.91million/1.75

z = 9.09miliion

Therefore total equity is 9.09miliion

6 0

3 years ago

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