Answer:
35.91%
Explanation:
The formula and the computation of the debt to capital ratio is shown below:
The debt to capital ratio equals to
= (Debt ÷ total invested capital) × 100
where,
Debt = Total capital - stock price × number of shares outstanding
= $110 million - $15 × 4.7 million shares
= $110 - $70.5 million
= $39.5 million
And, the total invested capital is $110 million
So, the debt to equity ratio is
= $39.5 million ÷ $110 million
= 35.91%
Answer:
hedge fundfundfundfundfund
Explanation:
INDUSTRY is a group of companies producing a similar product or services.
There are different types of industry depending on the kind of product they produce or the kind of service they offer. Examples are manufacturing industries, technological industry, engineering industry, construction industry, etc.
The tax sheltered prgrma to encourage self employed people to acculumlate reitment funds is called Keogh plan.
A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated organizations for retirement functions. A Keogh plan can be set up as both a defined-benefit plan or a defined-contribution plan, though maximum plans are set as the latter. A Keogh plan is a type of retirement investment account for self-employed people and business owners. Contributions to a Keogh plan are made pre-tax, while withdrawals in retirement face income tax. Positive sorts of Keogh plans may have higher contribution limits than other retirement debts.
A Keogh plan (is a tax-deferred pension account for self-employed people and employees of unincorporated businesses. Like IRAs, an worker can also put almost available investment into a Keogh plan, and the investment earnings develop on a tax-deferred basis.
Learn more about Keogh plan here:-
brainly.com/question/14560326
#SPJ4
