When using the book value of equity, the debt-to-equity ratio for luther in 2019 is closest to:.
1 answer:
The debt to equity ratio using the book value of equity in 2019 would be<u> 2.29.</u>
<h3>Finding the debt-to-equity ratio.</h3>This can be found by the formula:
= Interest bearing Debt / Book value of equity
= (Notes payable + Current maturities of long term debt + Long term debt) / Book value of equity
= (10.5 + 39.9 + 239.7) / 126.6
= 2.29
In conclusion, debt-to-equity ratio is 2.29.
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The climate controls that best explains the difference in average daytime temperature variation from month to month between Seattle and Fargo as well as between Dublin and Moscow is latitude
- Latitude is simply known as the highest force behind differences in temperature which also are fluctuations in incoming solar radiation. It alters (change) the angle of the sun and length of daylight control of the global distribution of temperature.
- The 2 factors that causes this alterations or changes in latitude are therefore sun angle and length of daylight.
- Latitudes is known to show how much of the changes or variation in average temperature at a fixed latitude, average daytime temperature variation and seasonal fluctuations in temperature.
Conclusively, we can say that The climate controls that best explains the difference in average daytime temperature variation from month to month between Seattle and Fargo as well as between Dublin and Moscow is latitude
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