Step-by-step explanation:
you can rounded again if you want
then the answer is
7.9 - 8
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2 answers:
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Answer:
B. A pair of intersecting lines
Step-by-step explanation:
The attached image can give you an idea of what you get when a plane perpendicular to the base of a cone intersects the vertex of the cone.
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In the problem statement here, we assume a double-napped cone with no defined base. That means the lines of intersection with the sides of the cone will meet at the vertex point and extend indefinitely in either direction.
The intersection is a pair of intersecting lines.
The required debt-equity ratio is 14:15
<u>Solution:</u>
<em>Given:</em>
Liabilities of the company = $14000
Equity of the company = $15000
<em>To calculate: </em>The debt-equity ratio
Here, the liabilities are included in the debt of the company. The debt-to-equity (D/E) ratio is calculated by dividing a company's total liabilities by its shareholder equity. Therefore, the debt equity ratio is as follows,
The debt-equity ratio reflects the ability of shareholder equity to cover all outstanding debts in the event of a business downturn.