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scoray [572]
3 years ago
15

Big Valley has a times interest earned ratio that is _________, which indicates that Big Valley has _________ long-term insolven

cy risk than the typical firm in the industry.
a. 4; the same
b. 3.91; less
c. 3.91; more
d. 4.58; more
e. 4.58; less
Business
1 answer:
irina1246 [14]3 years ago
5 0

Answer:

C. 3.91; more

Explanation:

the first part of the question is missing. It involved several aspects of Big Valley including its current and quick ratios, ROE and how they compare to the industry's average (they are generally lower than the industry's average).

This particular question refers to times interest earned ratio = EBIT / interest expense = 3.91, and how it compares to the industry's average (it is higher than the industry's average).

Since Big Valley performs poorly against the industry's average when comparing the other 3 metrics, but performs very well in the times interest ratio, it means that Big Valley has a low debt ratio. A low debt ratio results in lower financial leverage and lower interest expense.

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Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of pean
Oxana [17]

Answer:

A)

Goods                   A    B    C    D    E    F

Candy Bars           0    4    8    12   16  20

Bags of Peanuts  10    8    6     4    2    0

B) graph

the slope of the line = 1.5 / -0.75 = -2

the opportunity cost of one more candy bar is 1 bag of peanuts (actually half a bag of peanuts, but you cannot purchase half of something).

the opportunity cost of one more bag of peanuts s 2 candy bars.

C) it doesn't tell me which combination to buy, it only tells me the possible combinations.

D) if I had won $30, the slope would have been the same, the total number of items purchased would have changed, increasing the available combinations.

6 0
3 years ago
Brooke Bennington works for JMK an year and earns a monthly salary of $12,800 There is no overtime pay Brooke's income tax withh
Karolina [17]

Answer:

$9,544.80

Explanation:

For 2020, the maximum amount of salaries that are subject to social security taxes is $137,700. This means that Brooke's entire salary is subject to social security withholding.

Gross salary $12,800

  • Federal income tax withholding $1,920
  • United Way contribution $256
  • FICA taxes (OASDI) withholding $793.60
  • FICA taxes (Medicare) withholding $185.60
  • Health insurance $100

Net pay = $9,544.80

8 0
4 years ago
Davis Hardware Company uses a perpetual inventory system. How should Davis record the sale of inventory costing $620 for $960 on
ElenaW [278]

Answer:

B. Accounts Receivable 960

   Sales Revenue 960

   Cost of Goods Sold 620

    Inventory 620

Explanation:

Under perpetual inventory system the sale is recorded separately by sale value and the cost of the sold inventory is deducted from the inventory and added in the cost of goods sold.

Ne benefit of $340 (960-620) is automatically recorded and it will be measure at end of the period by formatting the income statement. It does not need to be recorded separately.

7 0
4 years ago
Gabriel Metalworks produces a special kind of metal ingots that are​ unique, which allows Gabriel to follow a cost−plus pricing
bazaltina [42]

Answer:

sale price is $0.78

Explanation:

Given data

assets = $10,000,000

rate = 7% = 0.07

Sales volume = 350,000 units per year

Variable costs = $16 per unit

Fixed costs = $1,500,000 per year

to find out

sales price per​ unit

solution

we find required return that i s

return = asset × rate

return = 10,000,000  × 0.07

return = $700000

so here total cost = Sales volume  ×  Variable costs + fixed cost

put here all these value

total cost = 350000 × 16  + 1,500,000

total cost = $7100000

so now for sale price

sale price = total cost + required return / sale

put all these value

sale price = ( 7100000 + 700000 ) / 10,000,000

sale price is $0.78

6 0
3 years ago
frictional unemployment: a. is unemployment that occurs as a result of a downturn in the economy. b. is short-term unemployment
Ipatiy [6.2K]

Frictional unemployment  is short-term unemployment associated with individuals who are not working while seeking their first job or changing jobs. The correct answer is B.

In the economy, frictional unemployment is brought on by employees or persons changing jobs. This might happen when a person relocates, quits their present job in search of something better, or looks for a job that matches their new abilities, experience, or education. Because of this, this kind of unemployment is not related to the growth of the economy but rather to individuals' choice changes in their lives and jobs. As a result, frictional unemployment happens inherently even in markets that are stable or expanding.

Learn more about type of unemployment at brainly.com/question/14724315

#SPJ4

7 0
1 year ago
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