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Ber [7]
3 years ago
13

A friend tells you that they cannot afford to pay fof the standardized tests that needs to be taken to apply for college and mil

itary academies. How could you respond?
Business
2 answers:
kondor19780726 [428]3 years ago
5 0

You could tell them to take out a student loan, or a normal loan, or borrow money somewhere.

You could also pity them because of their unfortunate circumstances and let them suffer as they watch the private sector rule over the middle and lower class to no avail.

stepladder [879]3 years ago
3 0
Tell them not to take it
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Thrillville has $39.5 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio c
Lyrx [107]

Answer:

1. Stockholders' equity = $30.5 million;

2. Debt-to-equity ratio = 1.65

3. See explanation

Explanation:

1. Stockholders' equity calculation:

We know, according to the balance sheet equation,

Total Assets = Total liabilities + Stockholders' equity

Given,

Total Assets = $80.7 million

Total liabilities = Current liabilities + long-term liabilities

Total liabilities = $10.7 million + $39.5 million

Total liabilities = $50.2 million.

Therefore, total stockholders' equity = Total assets - Total liabilities

Total stockholders' equity = $80.7 million - $50.2 million

Total stockholders' equity = $30.5 million.

2. We know,

Debt-to-equity ratio = \frac{Total debt}{Total stockholders' equity}

When a company seeks to measure its financial leverage, that company uses debt-to-equity ratio. It also suggests that how much capital contributed by the creditors.

From requirement 1, we get,

Total liabilities = $50.2 million.

Total stockholders' equity = $30.5 million.

Therefore, Debt-to-equity ratio = \frac{50.2}{30.5}

Debt-to-equity ratio = 1.65

3. The journal entry to record the lease agreement -

Debit   Lease account         $15.7 million

Credit  Lease liability                         $15.7 million

(when the company enters into the lease agreement)

4 0
3 years ago
Drivers of the growth of international acquisitions include all of the following except:_________.
Otrada [13]

Answer:

the desire to develop all of the required resources internally.

Explanation:

5 0
3 years ago
A project with an initial investment of $449,300 will generate equal annual cash flows over its 10-year life. The project has a
bija089 [108]

Answer:

Cash flow per year to achieve the required return on investment: $69,702.11

Explanation:

We have to solve for which cashinflow makes an annuity of 10-year discount at 8.9% equal to our 449,300 dollars invested:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 449,300

time   10 years

rate     0.089 per year

449300 \div \frac{1-(1+0.089)^{-10} }{0.089} = C\\

C  $ 69,702.112

8 0
3 years ago
When a commercial bank borrows additional reserves from another bank, it pays which interest rate?
oksano4ka [1.4K]

Answer:

Federal funds rate

Explanation:

Federal funds rate can be described as a target interest rate which is set by the Federal Open Market Committee (FOMC) and it is the interest rate at which excess reserves of commercial banks are lent to and borrowed from each other overnight.

The law requires that commercial banks must maintain certain percentage of their deposits in their account with Federal Reserve bank as a reserve. When there is an excess of money above the required level in the reserve of some banks, the excess can be lent by those banks to other banks that have shortfalls. The interest rate that is paid by the borrowing banks is the federal fund rate.

8 0
3 years ago
Read 2 more answers
Devon owns a real estate company. He is aware of a decline in the housing market and realizes the need to encourage the realtors
Gnesinka [82]

Answer:

Involvement Culture

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question Devon is using the Involvement Culture. This is a culture that emphasizes the action of something that takes a lot of time, understanding and effort. This is one of the biggest challenges that some leaders can face.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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