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Snezhnost [94]
1 year ago
15

A firm has $100 million in current liabilities, $200 million in total long-term liabilities, $300 million in stockholders' equit

y, and total assets of $600 million. Calculate the debt ratio for the firm.
Business
1 answer:
vladimir2022 [97]1 year ago
4 0

Answer:

Debt ratio is 0.5

Explanation:

The DEBT ratio tells us how much debt a firm has as a ratio to its assets. So it is calculated by dividing total debt by total assets. The firm has current liabilities of 100 million and long term liabilities of 200 million, we will add both of them up in order to find total liabilities.

Total Liabilities = 100 million + 200 million = 300 million

The firms total assets are 600 million, in order to find the debt ratio we will divide 300 million by 600 million

300/600= 0.5

This means that the total debt of the firm is half the amount of total assets.

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The prospects for many types of jobs are ____ as automation progresses from manufacturing to clerical and retail jobs. Select on
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Answer:

Poor

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Automation has made certain jobs redundant and machines can now carry out most of the functions  usually carried out by labour. As a result, the prospects for many types of jobs is low

3 0
1 year ago
A manager who encourages risk taking and creativity would most likely be in a(n) _______ organizational culture.
Vinil7 [7]

Answer:

Adhocracy Culture

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Suppose United Bank offers to lend you $10,000 for one year at a nominal annual rate of 8.00%, but you must make interest paymen
miss Akunina [59]

Answer:

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Explanation:

Formula for Effective annual rate ( EAR ) -

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(1+8% / 4) ^4  - 1

= (1 + 2%) ^4  -1

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= 1.08243216 - 1

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3 0
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How do you feel about airlines mining your in-flight data? is there any difference from companies mining your credit card purcha
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Question 1 (1 point)
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After deduction all expenses and taxes, the balance left either at hand or in bank is the discretionary income.

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