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Pavel [41]
3 years ago
14

When using the book value of equity, the debt to equity ratio for Luther in 2009 is closest to: Group of answer choices 0.43 2.2

9 2.98 3.57
Business
1 answer:
Ostrovityanka [42]3 years ago
4 0

Answer:

2.29%

Explanation:

The computation of the debt to equity ratio using book value of equity is as follows;

As we know that

Debt to Equity Ratio = Debt ÷ Equity

where,  

Debt = $239.7 + $10.7 + $39.9    

= $2901.1

And, equity is $126.6

Now    

Debt to Equity Ratio is

= $290.1 ÷ 126.6  

= 2.29%

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2 years ago
Over the course of 40 years, Sal grew his company to six package shipping stores. with his retirement approaching and the increa
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Answer:

<em>C. defensive strategy </em>

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In the scenario which is been represented in the question the Sal's company indulge's in the action that is known as defensive strategy.

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3 years ago
John is 17 years old and he earned $3,500 in a summer job. His grandparents just gave him a gift of $5,000 to help him learn fin
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2 years ago
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To be excluded from the client's total gifts in the year made are

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This is further explained below.

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CQ

Your client has made all of the following transfers. Which of these transfers will be excluded from the client's total gifts in the year made?

Paid a hospital $11,000 for medical services rendered to a friend

Paid a family member $15,000 so she could go to school

Made a donation to the democratic party

Made a contribution to the shriner's hospital, which provides free medical care to children

A)

II and IV

B)

I and II

C)

III and IV

D)

I and III

5 0
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Answer:

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<u></u>

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<u></u>

d. The business is the only one in town to offer 48-hour turnaround on printing projects. <u>Offer valuable products</u>

The business is the only one offering this service so it is offering valuable services.

<u></u>

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