Answer:
48.00%
Explanation:
For computing the debt to capital ratio, first we have to determine the equity value and debt value which is shown below:
Equity value = Number of outstanding shares × stock price per share
= 5.2 million shares × $12
= $62.4 million
We know,
Total capital = Debt + equity
$120 million = Debt + $62.4 million
So, the debt would be
= $120 million - $62.4 million
= $57.6 million
Now the debt to capital ratio would be
= $57.6 million ÷ $120 million
= 48.00%
Answer:
More people are interested in information security, and have developed the skills to find new vulnerabilities.
Explanation:
In the past, few people are interested in information security due to the fact that, it was a new field that was not exploited then. This create an ample opportunity for the windows vulnerability for hackers. Currently, due to increasing interest in information technology, the vulnerability of windows are shrinking.
The correct answer would be acceptance. It is a manifestation of assent by the offeree to the terms of the offer in a manner invited or required by the offer as measured by the objective theory of contracts. It happens when the offeree and offeror are in mutual understanding between the terms in a contract.
Answer:
1. accounting records continuously disclose the amount of inventory.
Explanation:
The periodic inventory system is the accounting method of calculating the value of inventory at the end of a specified period of time. Under this system, updates are made on a periodic basis rather than after every sale or purchase of inventory. It continuously tracks the record of inventory by physically counting the inventory and the cost of inventory is calculated by using the inventory calculation method, such as FIFO, LIFO, and weighted averages.