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Leokris [45]
3 years ago
6

A firm has current assets that could be sold for their book value of $22 million. The book value of its fixed assets is $60 mill

ion, but they could be sold for $90 million today. The firm has total debt with a book value of $40 million, but interest rate declines have caused the market value of the debt to increase to $50 million. What is this firm's market-to-book ratio
Business
1 answer:
love history [14]3 years ago
6 0

Answer:

the firm market to book ratio is 1.48

Explanation:

The computation of the market to book ratio is shown below:

The Market values is

= $22 million + $90 million - $50 million

= $ 62 million

And, the Book values is

= $22 million + $60 million - $40 million

= $42 million

Now the firm market to book ratio is

= $62 million ÷ $42 million

= 1.48

Hence, the firm market to book ratio is 1.48

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Answer:

The standard direct labor rate per hour is 1.3 hours

Explanation:

For computing the standard direct labor rate per hour, we have to use the equation which is shown below:

= Standard production time + allowance for rest periods + setup time

where,

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Now put these values to the above formula

So, the answer would be equal to

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The other information which is given in the question is irrelevant. Thus, it is ignored and therefore, it is not consider in the computation part.

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Answer:

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Option C is correct

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Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
Among the choices the one that has 
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4 years ago
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