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3 years ago

Calculate a company's total leverage given the following information:

Business

1 answer:

Morgarella [4.7K]3 years ago

4 0

Explanation:

Given that,

Change in sales = 3%

Change in earnings = 9%

We need to find a company's total leverage.

Total leverage is equal to the ratio of percentage change in earnings per share to percentage change in sales revenue.

$\text{leverage }=\dfrac{9\%}{3\%}\\=3$

Hence, company's total leverage is 3 units.

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Jordan has the following assets and liabilities:-Two Cars $10,000-House $200,000-Mortgage $100,000-Cash $1,000-Car Loans $3,000-

Ilia_Sergeevich [38]

Answer:

The correct option is B. $109,000; $213,000; $104,000

Explanation:

For computing the wealth, first, we have to compute the assets and liabilities value

So, the assets = Cars + House + cash + checking account balance

= $10,000 + $200,000 + $1,000 + $2,000

= $213,000

So, the liabilities = Mortgage + car loans + credit card balance

= $100,000 + $3,000 + $1,000

= $104,000

we apply the accounting equation which equals to

Assets = Liabilities + shareholder equity

And, the wealth equal to

= Assets - Liabilities

= $213,000 - $104,000

= $109,000

Hence, Jordan's wealth is $109,000, the value of Jordan's assets is $213,000, and the value of Jordan's liability is $104,000.

Therefore, the correct option is B. $109,000; $213,000; $104,000

3 0

3 years ago

Think of an organization that you’re a part of. It could be a workplace, team, or club. Identify Schein’s four key elements in t

s344n2d4d5 [400]

One of the most important key elements in Schein’s four key elements according to me would be a common purpose because, without having a common purpose, people working in the organization will be disoriented and directionless. Thus, it can hamper the ultimate goal of the organization.

<h3>What is the common purpose of an organization?</h3>

A corporation with a clear purpose or undertaking is one that is simple to recognize and manage. A common purpose unifies personnel and facilitates them to understand the corporation’s direction.

Hence, according to me, among all the Schein’s four key elements in the organization’s structure, the Common purpose is the most key element.

Learn more about common purpose of an organization:

brainly.com/question/14158365

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7 0

2 years ago

Shalit Corporation’s 2008 sales were $12 million. Its 2003 sales were $6 million. a. At what rate have sales been growing? b. Su

Inga [223]

(12-6)/12 gives you the growth rate *over five years* (115%)
divide that by 5 and you get an average rate of 23% growth per year.
If we’re rounding, yes, that statement is correct. Otherwise, growth over five years doubled because there was a growth of 115% and year-over-year growth was 23%.

6 0

4 years ago

aylor & Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,0

fenix001 [56]

Answer:

Unitary prime cost= $170.24

Explanation:

Giving the following information:

Last month, direct materials (electronic components, etc.) costing $550,000 were put into production.

Direct labor= $880,000.

Manufacturing overhead equaled $495,000

The company manufactured 8,400 television sets during the month.

Unitary prime cost= (direct material + direct labor)/number of units

Unitary prime cost= (550000 + 880000)/8400= $170.24

7 0

3 years ago

The night before a midterm exam, you decide to go to the movies instead of studying for the exam. You score 60 percent on your e

Aleks [24]

Answer:

10% of exam score

Explanation:

Opportunity Cost is the cost of next best alternative, foregone (sacrifised) while making a choice.

Example : If a person has option to have an apple or an orange, & choses to have apple. The opportunity cost of having an apple is the sacrifised orange.

Given : A night before mid time exam, spent while watching movies - later lead to fall in exam grade from 70 % to 60%

The opportunity cost of movies watched, is the sacrifised grade of exam, which would have gotten, if the time would have spent in studying. The corresponding grade lost = 70% grade achievable - 60% grade achieved. Hence, the opportunity cost = 10% of exam score.

4 0

3 years ago