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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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Use the punnett square from the introduction and the ones you drew for part a to select the three statements that are true about
Julli [10]
Any images or dominant or recessive traits to make it?
6 0
3 years ago
Personal property that is attached to the land or improvements as to become part of the property is known as what?
Setler [38]

Answer: Chattels Real

Explanation:

Chattels Real are those items of personal property that extends to their owner as an interest in real property (e.g. contracts to purchases, and options, least, mortgages) or that are attached to real property (e.g. trade fixtures)

5 0
4 years ago
A municipal bond is paying a 6 percent annual yield. An equivalent risk corporate bond is paying 7 percent. Investors with a tax
masha68 [24]

Answer:

14.29% or higher

Explanation:

Municipal bonds interest rates are tax free. Corporate bond rates however are have tac benefits through tax shield.

The formula for aftertax corporate bond rate = pretax rate(1-tax)

pretax rate = 7% or 0.07 as a decimal

aftertax rate(to be indifferent between the two) = 6% or 0.6

In order to be indifferent, the tax rate would be;

0.07 ( 1- tax ) = 0.06

0.07 - 0.07tax = 0.06

0.07 - 0.06 = 0.07tax

0.01 / 0.07 = tax

tax = 0.1429 or 14.29%

Therefore, Investors with a tax rate of 14.29% or higher would prefer the municipal bond.

7 0
3 years ago
Resorts Corp. common stock is selling for $36.75 a share and has a dividend yield of 2.3 percent. What is the dividend amount?
7nadin3 [17]

Answer:

Annual Dividend Amount is approximately $0.85

Explanation:

Dividend yield = Annual Dividend Amount / Current selling price

∴ Dividend yield * Current selling price = Annual Dividend Amount

Annual Dividend Amount = $36.75 * 2.3%

                                          =$36.75 * 0.023

                                          =$0.84525‬

Annual Dividend Amount = $0.85 (approximately)

8 0
3 years ago
Read 2 more answers
HASE 2:
kipiarov [429]

TWO recent CSI/CSR initiatives that the chosen Public Company carries-

CSR describes the wider technique to triple-bottom-line subjects of the 3Ps – earnings, people and planet. CSI is one of the sub-additives of CSR and targets to uplift groups in such a manner that the satisfactory of lifestyles is normally stepped forward and safeguarded.

Some examples of CSR in action include:

  • Reducing carbon footprint.
  • Engaging in charity work.
  • Purchasing fair trade products.
  • Investing in environmentally conscious businesses.
  • Getting involved in volunteer work.
  • Improving labor policies.

CSI includes initiatives that are not directly related to boosting a company's bottom line and are carried out outside of its regular business operations. These programs are not primarily driven by marketing goals but instead have a strong developmental perspective and make use of business resources to help and improve communities.

Learn more about NPOs brainly.com/question/950962

#SPJ9

5 0
2 years ago
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