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Simora [160]
3 years ago
13

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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Arundel Company disclosed the following information for its recent calendar year. Income Statement Data Selected Year-End Balanc
NemiM [27]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net loss                                                                                   -$16,000

Adjustment made:

Add : Depreciation expense $14,600

Add: Decrease in accounts receivable $24,000  

Add: Increase in salaries payable $18,000

Less: Decrease in accrued liabilities -$8,000

Total of Adjustments $48,600

Net Cash flow from Operating activities                                $32,600

4 0
3 years ago
Which of the following is true about careers in agriculture?
PtichkaEL [24]

the real answer is a

5 0
4 years ago
If you are hired by an organization, you would be least hurt by inflation if Group of answer choices Your employer has a cost-of
DiKsa [7]

If we are hired by an organization, we would be least hurt by inflation if "the government increases social security retirement payments in anticipation of expected inflation".

<h3>What is social security retirement payments?</h3>

Benefits from Social Security offer qualified retired adults and those with disabilities, as well as their spouses, children, and survivors, a portion of a replacement income.

To be eligible for benefits, a person must contribute to the Social Security system during their working years and accumulate 40 credits.

The role of social security in protecting against inflation are-

  • Because Social Security benefits are adjusted to the Consumer Price Index for Urban Wage Earners and Clerical Workers, it is often assumed that recipients are protected from inflation (CPI-W)
  • A cost-of-living adjustment (COLA) is a yearly increase to your benefit that Social Security calculates based on inflation, if any, in addition to any calculations based on your earnings.
  • Social Security replaces a percentage of your pre-retirement income based on their lifetime earnings.

To know more about the Consumer Price Index, here

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5 0
2 years ago
Black markets may develop as a result of price controls because: individuals can profit by illegal exchanges. price controls inc
prisoha [69]

Answer:

individuals can profit by illegal exchanges.

Explanation:

The closest correct answer is that a black market is most of the time very profitable, because prices tend to be higher than they would be without the black market, and without the price controls.

The reason why black markets emerge when price controls are imposed is because price controls do not allow prices to equilibrate supply and demand, meaning that under a price control, supply falls short of demand, causing scarcity for consumers.

This scarcity can be solved by the black market with higher prices.

7 0
3 years ago
NEED THIS NOW PLZZ!!!
professor190 [17]

Answer:

D

Explanation:

the formals contain different atoms, there for they aren't the same

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3 years ago
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