Suppose a company has debt of $71 million and a debt to total assets ratio of 0.1. This means that the company's debt-equity ratio is _____
Q: 11. What are consolidated financial statements?
A: Financial statement includes Income statement, balance sheet, statement of owner's equity and cash…
Q: Please answer A,B,C
A: Requirement:- a)Computation of working capital as follows under:- Working capital =Current…
Q: 4. Financial ratios in the forecasting process Your boss has asked you to take a closer look at your…
A: Ratio analysis s helps to analyze the financial statements of the company. The day's sales are…
Q: capital balances: A, Capital P70,000 B, Capital P90,000 C,…
A: Closing balance of capital = Opening balance of capital + Interest of capital + commission or…
Q: Blenman Corporation, based in the United States, arranged a 2-year, $1,000,000 loan to fund a…
A: Exchange rate risk occurs when a company's funds are denominated in different currency units. This…
Q: New Wave Architecture is a new chain of clothing stores. New Wave issues 1,000 shares of its $1 par…
A: Introduction:- Journal entry is the first stage of accounting process. Journal entry used to record…
Q: Which of the following is never debited when making closing entries? Revenue Income Summary Accrued…
A: Closing entry are passed at the year end to transfer the ending balances of expenses and revenue to…
Q: 3. Laura Company carried a provision of P2,000,000 in the draft financial statements on December 31,…
A: As per Indian Accounting Standard (Ind AS) 37 - Provisions, Contingent Liabilities and Contingent…
Q: a. Working capital b. The current ratio c. The acid-test ratio d. The average collection period e.…
A: Particulars Current year Last year a Total Current Asset 6900000 4980000 Less: b…
Q: Your small remodeling business has two work vehicles. One is a small passenger car used for job-site…
A: Net Saving : Saving in the cost reduction, in comparison with the current cost and upgraded cost.
Q: Barry and his wife Mary have accumulated over $4 million during their 51 years of marriage. They…
A: A gift is an amount of money or anything else such as property, a house, a flat or a thing, etc.,…
Q: at the end of 2021, $250,000 at the end of 2022, $2 the end of 2024). What is the amount of interest…
A: The interest expense is 10% of the balance due at the end of each year.
Q: Questions 9 through 12 are based on the following information: On January 1, 2021, Bida-bida Corp.…
A: Lets understand the basics. Impairement is happen when carrying value of asset is less than…
Q: Ernie owns a warehouse that is destroyed by fire on March 21, 2014. The warehouse, which had an…
A: Insurance is a contract between the insured and the insurer. There are two types of insurance…
Q: During the current year, 2022, Travis takes out a $40,000 loan, using stock he owns as collateral.…
A: Taxable income is the income of an individual, firm, or company. At this income, the tax liability…
Q: The following selected transactions relate to cash collections for a business that maintains a $100…
A: The cash register is the book of ledger prepared by the management in maintaining records of the…
Q: Would anyone be able to help me with this? Pepper Company provided the incomplete financial…
A: The income statement records all the revenue and expenses and determines the net income or loss…
Q: Larson Stores owns a small retail outlet in a California coastal town. In the last few years, a…
A: Recoverable cost of the asset is the higher of value in use and fair value less cost to disposal.
Q: ompute the break-even point in dollar sales for each product. Henna Company produces and sells two…
A: Solution... Contribution margin ratio = Contribution margin / Sales Revenue
Q: On January 1, 2021, Aloha Co. received the following note: Face amount…
A: Notes receivables are claims supported by formal promise to pay usually in the form of notes. Non…
Q: E15-2 Xenia Corporation issued 3,000, 8%, 5 year, $1,000 bonds dated January 1, D12, at 100. 1)…
A: The bonds are issued at face value when market rate is equal to the coupon rate of bonds payable.…
Q: Jim Murphy borrowed $30,000 on a 120-day 14% note. Jim paid $5,000 toward the note on day 95. On day…
A: When a lender gives a borrower a one-time loan, the borrower receives an instrument called a loan…
Q: Salah Global Products (SGP) is a manufacturer of sporting trophies and has factories across the…
A: Sales volume variance=(AQ-SQ)*SP Sales price variance=(AP-SP)*AQ Direct labour efficiency=(SH-AH)*SR…
Q: 1. After determining the total product cost of P100.00 per unit, Mr. Abecee the owner, decided to…
A: The question is based on the concept of Cost Accounting. Retail price is calculated by adding the…
Q: 10) The ABC partnership has the following capital accounts on its books at December 31, 2017: Credit…
A: A partnership is a style of business in which two or more people formally agree to be co-owners,…
Q: Forecast direct labor costs at the completion of the project based on the following criteria: Actual…
A: Labor forecasting, or body of workers forecasting, predicts destiny exertions needs the usage of…
Q: Assume the hotel’s ‘Room Revenue (Sales)’ was $1,640,000 during 2019. Based on the lodging forecast…
A: ANSWER Budgeted Room revenue (Sales) for 2020 = Room revenue for 2019 + Increase in room revenue for…
Q: The restaurant projected 3,000 lunches to be sold for September at an average price of $5.50. The…
A: The variance arises when there is difference between actual results and budgeted results. The result…
Q: Give Journal Entries for the Following: 1. X Limited Redeems its 5,000 redeemable preference shares…
A: Answer 1. Journal Entries 1. Bank A/c....Dr. 300,000 To Equity Shares A/c…
Q: for $21,900 at 12% on March 18, 2017, which will be due on January 9, 2018. Using ordinary interest,…
A: Given r-12% P=$ 21,900 n= 297 days Future Value = Principal + interest Interest = P*r*n /360 days…
Q: Phil took $60,000 coronavirus - related distribution from his qualified retirement plan in 2020…
A: During the Year commencing from January 1, 2020 to December 30, 2020, any qualified individual who…
Q: On December 31, 2019, Palmer Company determined that the 2019 service cost on its defined benefit…
A: Pension plan is the plan incorporated by the company to pay the employees an income after their…
Q: 1. A small business owner Borrowed Php8,500.00 at 9% for 18 months. How much interest will be repaid…
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If…
Q: Exercise 8-8 (Algo) Record payroll (LO8-3) During January, Luxury Cruise Lines incurs employee…
A: JOURNAL ENTRIES Jounal entry is the First stage of Accounting Procedure. Journal entry is help…
Q: What is Xi's net cash inflow for March? 1. Prepare a cash flow statement 2. Calculate the cash…
A: Cash flow budget is an estimated statement of all cash receipts and all cash payments that are…
Q: Jordan Company is considering investing in two new vans that are expected to generate combined cash…
A: (a) CALCULATION OF NET PRESENT VALUE (NPV) A Present Value of Cash Inflows ( Van Combined…
Q: EllaJane Corporation was organized several years ago and was authorized to issue 4,000,000 shares of…
A: A journal is a list of all of your spending in chronological order. A journal is often pictured as a…
Q: Beginning inventory on May 1 First purchase on May 7 second purchase on May 17 Third purchase on May…
A: Answer :Gross margin = Total sales - cost of good sold Total sales = 900 * $7.80 = $7,020 Cos of…
Q: 4. Prepare a cash budget by quarter and in total for next year.
A: Budgeting - Budgeting is the process of estimating future operations based on past performance. %…
Q: 200,000 to product X, Y and Z based on the information using the four different method of…
A: Joint Costs - A joint cost is an expense that benefits more than one product and for which the…
Q: Keller Corporation (the lessee) entered into a general equipment lease with Dallo Company (the…
A: Journal Entry are very important in every aspects of accounting as they are the basics of the…
Q: On January 1, 2022, the ledger of Vaughn Company contains these liability accounts. Accounts Payable…
A: Balance Sheet :— It is one of the financial statement that shows list of final balances of assets,…
Q: 4) Create a budget on a spreadsheet supposing you earn $45,000 a year
A: Budget is the estimation of revenue and expense prior to start the operation. To manage the working…
Q: Under AASB 119, leave entitlements that may be carried forward to a future financial period if…
A: Leave entitlement means the number of days the employee can take off (holiday) in a year which are…
Q: Question: Prepare a reflection paper that incorporates your answers to the following independent…
A: 1. Ans. If a manager does not have basic accounting knowledge he won’t able to track profit or loss…
Q: You plan on starting a lawn mowing business by investing $700 of your own money and purchase $500 of…
A: The variable cost per unit is the cost that changes with every change in the unit produced. In other…
Q: Required: Help BBS evaluate this project by calculating each of the following: 1. Accounting rate of…
A: Introduction:- The various alternative methods of capital budgeting are enumerated below:- Payback…
Q: What is the amount of state income taxes Joyce may include as an itemized deduction for 2021? b.…
A:
Q: (b) Compute the depreciation expense for the year ended December 31, 2026. Vaughn elected to…
A: Depreciation expense is the reduction in the value of asset due to its use or wear and tear.…
Q: Internal Rate of Return Method The internal rate of return method is used by Testerman Construction…
A: Internal rate of return :— It is the rate of return on investment that makes NPV is equal to Zero.…
Suppose a company has debt of $71 million and a debt to total assets ratio of 0.1. This means that the company's debt-equity ratio is _____
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- A company has: Return on Asset 0.08 Cost of the debt 0.04. What is the Cost of Equity if the debt-equity ratio is 0.58A firm has a debt-to-equity of 0.57. What is the debt-to-total assets ratio?Assume you are given the following relationships for the Haslam Corporation:Sales/total assets 1.2Return on assets (ROA) 4%Return on equity (ROE) 7%Calculate Haslam’s profit margin and liabilities-to-assets ratio. Suppose half its liabilities are in the form of debt. Calculate the debt-to-assets ratio.
- You have access to the following information and want to calculate the debt-to-equity ratio for the firm. Return on Equity: 23.87% Profit Margin: 13.81% Total Asset Turnover: 0.65 Answer as a DECIMAL using two decimal places.A firm has total debt of $1,540 and a total debt-to-equity ratio of .39. What is the value of Total Assets?Given the following details, what is OXFORD Inc.'s debt ratio? Sales/Total assets Return on assets Return on equity 1.5x 3% 5%
- Ab Inc has a total debt ratio of 0.10 What is the debt equity ratio and equity multiplier?Find the debt-to-value ratio for a firm with a debt-to-equity ratio of 4½.A firm has total debt of $1,850 and a debt-equity ratio of 0.64. What is the value of the total assets? O a. $1,128.05 O b. $1,184.00 O c. $2,571.95 d. $3,034.00 e. $4,740.63
- Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.7 Return on assets (ROA) 4% Return on equity (ROE) 6% Calculate Haslam's profit margin and liabilities-to-assets ratio. Do not round intermediate calculations. Round your answers to two decimal places. Profit margin: % Liabilities-to-assets ratio: % Suppose half of its liabilities are in the form of debt. Calculate the debt-to-assets ratio. Do not round intermediate calculations. Round your answer to two decimal places. %The ratio of liabilities to stockholders' equity measures how much of the company is financed by debt and equity. It is computed as follows: To illustrate, the ratio of liabilities to stockholders' equity for Lincoln Company is computed as follows Current Assets - CurrentLiabilities = Calculated Value 1. Working capital: Ratio Numerator ÷ Denominator = Calculated Value 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of Fixed assets to long-term liabilities…A company has an equity multiplier of 3.2, and its assets are financed with some combinationof long-term debt and common equity. What is its debt to asset ratio?