Answer:
4.267 times
Explanation:
The computation of market to book ratio is shown below:
Market to book ratio = (Market price per share) ÷ (book value per share)
where,
Book value per share would be
= (Total common equity) ÷ (number of shares)
= ($6 billion) ÷ (800 million shares)
= $7.5 per share
So, the ratio would be
= $32 ÷ $7.5
= 4.267 times
The function of a household in the economy is the buys finished goods.
<h3 /><h3>How do household impact the economy?</h3>
Through their basic and daily needs for the maintenance of quality of life, families drive the economy through their purchase needs and desires, generating demand for products and services.
Therefore, households impact the economy by determining demand that will drive supply.
Find out more about demand here:
brainly.com/question/1245771
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Answer:
d. $1050.
Explanation:
We multiply each account balance by the expected uncollectible amount and then addd them to get the expected total for doutful accounts
![\left[\begin{array}{cccc}Date&Amount&Expected&uncollectible\\$not due&10000&0.02&200\\$up to 30&5000&0.05&250\\$up to 60&3000&0.1&300\\$more than 61&800&0.5&400\\&&Total&1150\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DDate%26Amount%26Expected%26uncollectible%5C%5C%24not%20due%2610000%260.02%26200%5C%5C%24up%20to%2030%265000%260.05%26250%5C%5C%24up%20to%2060%263000%260.1%26300%5C%5C%24more%20than%2061%26800%260.5%26400%5C%5C%26%26Total%261150%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Balance of the allowance account: 100
The expense will be the adjustment made on the allowance to get the expected balance of 1,150
1,150 - 100 = 1,050
we increase the allowance bu 1,050 to get our expected uncollectible fro maccounts receivable agaisnt the bad debt expense ofthe period.