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dusya [7]
3 years ago
15

On December 31, 2018, a company had assets of $34 billion and stockholders' equity of $28 billion. That same company had assets

of $50 billion and stockholders' equity of $12 billion as of December 31, 2019. During 2019, the company reported total sales revenue of $27 billion and total expenses of $25 billion. What is the company's debt-to-assets ratio on December 31, 2019
Business
1 answer:
Orlov [11]3 years ago
7 0

Answer:

131.6%

Explanation:

Total assets is $50 billion

Liabilities = 50-stock holder equity which is $12 billion

= 50-12

= $38 billion

Therefore the debt to assets ratio can be calculated as follows

= 50 billion/38 billion

= 1.3157×100

°= 131.6

Hence the debts to assetsrayion is 131.6%

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irinina [24]

Answer:

c. faces a downward-sloping demand curve for its product

Explanation:

Perfect Competition is a market form, having large no. of sellers, selling homogeneous products at constant prices. So, constant prices imply that their demand curve is horizontal, perfectly elastic.

Monopolistic Competition is a market form, having many sellers, selling slightly differentiated products which are incomplete substitutes of each other. The prices also vary from firm to firm, depending on product quality. So, these firms have usual downward sloping curve, denoting price-demand inverse relationship.

7 0
3 years ago
Phoenix Agency leases office space for $7,000 per month. On January 3, Phoenix incurs $65,000 to improve the leased office space
Daniel [21]

Answer:

correct option is $13,000

Explanation:

given data

leases office = $7,000 per month

Phoenix incurs = $65,000

yield benefits = 8 years

remaining on its lease = 5 years

solution

we know that The cost of leasehold improvement is depreciate whichever is less    

(a)  Remaining Lease Term      

(b) estimated useful life of improvement

so Annual depreciation of Leasehold Improvement will be here

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Annual depreciation of Leasehold Improvement = $13,000

so correct option is $13,000

4 0
3 years ago
Select all that apply.
Bad White [126]
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Answer:

Agricultural specialists research farms and crops, collect data, and help farmers implement the best industry practices available. As an agricultural specialist, you also take the time to evaluate farmlands, cultivate relationships with others in the industry, and support land conservation efforts.

8 0
3 years ago
How is a cost-leader protected from threats from powerful suppliers? It is able to create a significant difference between perce
puteri [66]

Answer:

Option B (By embracing lower operating costs it's much more likely to handle price rises) is the correct choice.

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Some other options given should not be concerning the condition in question. And the correct response would be alternative B.

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3 years ago
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