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Solnce55 [7]
3 years ago
10

Use the following information to answer this question.

Business
1 answer:
photoshop1234 [79]3 years ago
7 0

Answer:

The correct option is e) 1.56.

Explanation:

Note: The data in this question are merged together. The complete question with the sorted data is therefore provided before asnwering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now provided as follows:

The equity multiplier can be described as a financial leverage ratio gives a measure of the total assets of a company that is financed by the shareholders of the company. This can be calculated using the following formula:

Equity multiplier = Total assets / Total Shareholder's Fund ........... (1)

Where, for Bayside, Inc. in 2010, we have:

Total assets = $6,385

Total Shareholder's Fund = Common stock + Retained earnings = $3,020 + $1,070.00 = $4,090

Substituting the figures into equation (1), we have:

Equity multiplier = $6,385 / $4,090 = 1.56

Therefore, the equity multiplier for 2010 is <u>1.56</u> and the correct option is e) 1.56.

Download pdf
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Interim financial statements: are always prepared before any adjustments have been recorded. show the assets above the liabiliti
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Answer:

cover less than one year, usually spanning one-, three-, or six-month periods

Explanation:

Interim financial statements: Interim financial statements are those statements that are prepared for less than one year. It can be made monthly, quarterly, half-yearly or yearly. But its duration is less than one year. It is used to give updated information which can change the investor's decision in a future period.  

It includes all types of statements like balance sheet, income statement, cash flow statement. These statements are not audited and mostly it is prepared in publicly held companies.

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3 years ago
Parker Inc. is obligated to pay its creditors $33,333 very soon. If the market value of the firm's assets equals $49,700, calcul
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Answer:

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Explanation:

In this question, we are asked to calculate the residual value owed to shareholders.

We proceed as follows:

Firstly, we identify the following;

Amount payable to creditors = $33,333

Market value of assets = $49,700

Mathematically,

Market value of shareholders equity = Market value of assets - Amount payable to creditors = $49,700 - $33,333 = $16,367

3 0
3 years ago
What are different occupations in tourism?​
defon

Answer:

The Major Career Options (Traditional Career Paths) in the Travel and Tourism Sector are:

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Let's cost a job. Here is some data. What is the total cost on this job? Direct Materials $1,393 Direct Labor hours incurred to
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Answer:

$16,159

Explanation:

The computation of the total cost is shown below:

= Direct material cost + Direct labor cost incurred + overhead cost

= Direct materials + Direct Labor hours incurred to complete × hourly wage rate + Direct Labor hours incurred to complete × Predetermined Overhead Rate

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= $16,159

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2 years ago
Which of the following is NOT a legitimate use of the Internet for businesses?
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The true correct answer is C my dude
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