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Ludmilka [50]
3 years ago
14

Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $9,900 Co

st of goods sold 7,650 Depreciation 390 Earnings before interest and taxes $1,860 Interest paid 88 Taxable income $1,772 Taxes 620 Net income $1,152 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $220 $250 Accounts payable $1,540 $1,632 Accounts rec. 990 890 Long-term debt 1,010 1,293 Inventory 1,750 1,655 Common stock 3,240 2,970 Total $2,960 $2,795 Retained earnings 530 780 Net fixed assets 3,360 3,880 Total assets $6,320 $6,675 Required:What is the equity multiplier for 2017?
Business
1 answer:
kykrilka [37]3 years ago
8 0

Answer:

1.78 times

Explanation:

The computation of the equity multiplier is shown below;

Equity multiplier is

= Total assets ÷ Total stockholders equity

= $6,675 ÷ $3,750

= 1.78 times

Working notes;

Calculation of total stockholders equity

Total stockholders equity = Common stock + Retained earnings

= $2,970 + $780

= $3,750

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Outlines give you a chance to organize your thinking before determining word choice and sentence structure.
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Answer:

a. Make each sub-point exclusive

f. Divide the main topic into major components

Explanation:

Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.

Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).

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4 years ago
An increase in the price of rubber coincides with an advance in the technology of tire production. As a result of these two even
Natali5045456 [20]

Answer:

d

the demand for tires is unaffected and effect on the supply of tires could increase, decrease, or stay the same.

Explanation:

An increase in the price of rubber would lead to an increase in the cost of producing tires. Rubber is an input required in the production of tires.

As a result of the increase in the cost of rubber, the supply of rubber would decrease. This would lead to a leftward shift of the supply curve. Equilibrium price would increase and quantity would decrease

As a result of the advance in technology, there would be an increase in the supply of tires. As a result, the supply curve shifts outward. Equilibrium price would decrease and quantity would increase

Taking these wo effects together, the demand for tires is unaffected and effect on the supply of tire is indeterminate

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3 years ago
If a country wants the economy to be able to produce increasing quantities of goods and services, what economic goal does the co
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If a country wants the economy to be able to produce increasing quantities of goods and services, an economic goal which the country has is: B. growth.

<h3>What is an economy?</h3>

An economy can be defined as a function of how the various means of production, money, and scarce resources (raw materials) are carefully allocated and used to facilitate the demand and supply of goods and services in a country, so as to meet the unending needs or requirements of consumers.

<h3>The five (5) economic goals.</h3>

In Economics, there are five (5) main economic goals and these include the following:

  1. Full employment
  2. Economic growth
  3. Economic stability
  4. Equality
  5. Enhanced efficiency.

Basically, if a country wants the economy to be able to produce increasing quantities of goods and services, an economic goal which the country has is most likely an economic growth.

Read more on an economy here: brainly.com/question/1415898

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6 0
2 years ago
True or false. the consumer sector is the largest part of the macroeconomy.
antiseptic1488 [7]
The consumer sector is the largest part of the macroeconomy

TRUE
4 0
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Please help I will mark brainliest
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Fashion finance jobs focus on the business side of fashion, especially as it relates to product sales. In this role, you may help manage a relationship with buyer or vendor accounts. You also support the overall budget of your corporation by ensuring positive cash flow and help evaluate the financial value of each type of merchandise your company releases. Many details of this position depend on the company. For example, some fashion companies are global, so people in financial positions may have to coordinate information and activities across many parts of the world. This job is generally similar to financial positions in most other industries.

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