Answer:
Debt ratio = 0.4167 or 41.67%
Explanation:
The total assets turnover is the ratio that tells us the level of net sales generated on each $1 of invested total asset. Thus the formula for total assets turnover is,
Total assets turnover = Net Sales / Average total assets
Using the formula and the available values, we calculate the total assets to be,
4.1 = 49.20 / Average Total assets
Average total assets = 49.2 / 4.1
Average total assets = $12 million
The debt ratio calculates the value of debt as a percentage of total assets.
Debt ratio = Total debt / Total assets
Debt ratio = 5 / 12
Debt ratio = 0.4167 or 41.67%
Explanation:
it helps them afford many thing and helps them build chracter
Answer:
I would rather sign a contract with talent for a relatively short period say 5 months where I would pay $5000 per month or I would increase the amount paid for the painting to $10000 or $15000
Explanation:
A huge momentarily reward can blind long term gain and during this period.
<span> the number of persons killed in highway accidents in the u.s.a. in 2016 was: 40,000The number of this deaths has been increased for about 6% compared to the previous year. This makes 2016 so far became the deadliest year in term of highway accidents</span>
Answer:
Date General Journal Debit Credit
Debt investment 8850
Cash 8850
Dec 30 Cash 7000
Debt investment 6500
Gain on sale of investment 500
Explanation: