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3 years ago

Mary applied for a loan and was rejected. Calculate her debt-to-assets-ratio, given that

Business

1 answer:

ankoles [38]3 years ago

5 0

Answer and Explanation:

The computation of the debt to asset ratio is shown below:

Debt to Assets Ratio = (Total Debts ÷ Total Assets) × 100

= $60,000 ÷ $66,000 × 100

= 90.91%

This debt to asset ratio represents that 90% is the liability corresponding to the assets this shows that it is more leverages and more risky for taking more loans. And the loan application would be rejected as the bank would feel that the debt to asset ratio is high leveraged and contains huge risk

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Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 7

bonufazy [111]

Answer:

1) total equivalent units:

materials = 73,000

conversion = 81,500

2) costs assigned to ending WIP:

materials = $23,013.70

conversion = $27,288.32

Explanation:

beginning WIP 78,000 + 10,000 - 73,000 = 15,000

materials = 100% (0 added during the period)

conversion = 30% (70% added during the period, 10,500 EU)

units started 73,000

units finished 78,000

units started and finished = 63,000

ending WIP 10,000

materials = 100%

conversion = 80%, 8,000 EU

Beginning WIP

Materials $24,000

Conversion $35,000

Costs added during the period:

Materials $168,000

Conversion $278,000

total equivalent units:

materials = 73,000

conversion = 10,500 + 63,000 + 8,000 = 81,500

cost per EU:

Materials = $168,000 / 73,000 = $2.30137

Conversion = $278,000 / 81,500 = $3.41104

costs assigned to ending WIP:

materials = 10,000 x $2.30137 = $23,013.70

conversion = 8,000 x $3.41104 = $27,288.32

5 0

3 years ago

How often should a financial checkup be completed

ryzh [129]

Answer:

a financial checkup should be completed annually.

7 0

3 years ago

How can managers increase the likelihood of making change happen successfully?

skad [1K]

Managers can increase the likelihood of making change happen successfully by giving individual employees a role in the change management process.

The change management process is a process of steps or actions that a team can take to change individual behavior. Management will likely implement this when they see changes that need to be made but aren't able to do make them happen cut and dry, this helps have a better outcome. If they allow the individual employees to help make the change, it'll be a better and more smooth process overall for everyone.

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3 years ago

According to Liden et al., the three main components of the servant leadership model are ______.

xxTIMURxx [149]

Answer:

The correct answer is letter "A": servant leader behaviors, antecedent conditions, leadership outcomes.

Explanation:

Liden et al. (2008) proposed a leadership model based in three characteristics: servant leader behaviors, which takes place when the leader puts the follower first to empower them; the antecedent conditions that are the factors that influence servant leadership; and the leadership outcomes or the results the leaders obtain thanks to their working method.

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4 years ago

Economics question please help :))

Soloha48 [4]

Answer:

c 8 bushes of wheat

Explanation:

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3 years ago