Answer:
No debt of any kind.
Explanation:
Then the firm has “no debt of any kind” because the company has the equity multiplier ratio is 1.
We have given the return on assets is 15 % and the same return is on the equity that is 15%.
Thus, the equity multiplier ratio can be calculated by dividing the total assets / total equity.
Equity mulitplier ratio = Total Assets / Total equity.
Answer:
C. Ethical Standards
Explanation:
The ethical standards establish the parameters of behavior that owners and top executives expect from employees and also from suppliers, at least to the extent of their relationship with the organization.
Answer:
journal entries
Write-off
Debit Bad Debts expense $11,000 Credit Accounts receivable $11,000
Recovery
Debit Bank $1,800 Credit Bad Debt Recovered income $1,800
Allowance for Doubtful debt Adjustment
Debit Allowance for doubtful debt Adjustment $4,000 Credit Allowance for doubtful debt $4,000
Explanation:
Write-off
The write-off creates an expense (bad debt) and and decreases an asset ( Accounts receivable)
Recovery
Since the amount has been written off as bad, when it is recovered it is no longer recognized as a payment on accounts receivable but an income the entity thought was lost.
Allowance for doubtful debt adjustment
The differences in the opening balance and closing balance either creates an expense or an income adjustment. These estimates are on net Accounts receivables ( after bad debts) are a negative assets.
19000 - 15000 = 4000(increase) adjustment and is an expense.
Alternative workplaces are intended to enhance employee motivation and performance.
<h3>What is alternative workplace?</h3>
Alternative workplace are provisions made b a company to its employees, to carryout their routine duties other than their normal offices. This tends to give freedoms to workers in carrying out their duties.
The purpose of alternative workplace is to break the bond between workplace and work performance.
Hence, alternative workplaces are intended to enhance employee motivation and performance.
Learn more about alternative workplace here : brainly.com/question/20412413
Answer:
C. $1,000
Explanation:
The computation amount is shown below:-
Interest rate per period = Interest rate per annum ÷ Number of compounding per annum
= $8.00 ÷ 1
= 8%
Number of periods = Number of years × Number of compounding per annum
= 21 × 1
= 21
Present value = Future value × (1 ÷ (1 + rate of interest)^number of years)
= $5033.83 × (1 ÷ (1 + 8%)^21)
= $5033.83 × (1 ÷ (1.08)^21
= $5033.83 × (1 ÷ 5.033833715
)
= $5033.83 × 0.198655748
= 0.999999262
= $1,000
Therefore for computing the present value we simply applied the above formula.
