If a company has $181,000 in total liabilities and $225,000 in total assets, what percentage of total
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 46% (15 reviews)
In other words for every dollar of asse...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Finance questions
-
If a company has total costs C(x) = 15,000 + 35x + 0.1x2 and total revenues given by R(x) = 385x - 0.9x2, find the break-even points?
-
If a company has positive working capital, will its current ratio always be greater than 1? Explain.
-
If a company has numerous long-term construction contracts for which it cannot reliably estimate the costs to complete, would it recognize more or less revenue under IFRS relative to U.S. GAAP? Why?
-
Attlee Ltd holds 28% of the issued shares of Nehru Ltd. Attlee Ltd acquired these shares on 1 July 2019 and on this date all the identifiable assets and liabilities of Nehru Ltd were recorded at...
-
Suppose that X has the uniform distribution on the interval [a, b]. Find the mean of X.
-
The qualifying rate is the higher of 5.25% (compounded semi-annually) and your mortgage rate + 2%. How large of a mortgage would their bank authorize if the mortgage is amortized over 25 years...
-
Jan Samson, CEO at CalleetaCO, sat staring at the now-empty boardroom. Her board of directors had reacted negatively to Jans growth proposals for expanding CalleetaCO globally, leaving Jan with a big...
-
A tool used for fabricating semiconductor devices consists of a chuck (thick metallic, cylindrical disk) onto which a very thin silicon wafer (p = 2700 kg/m 3 c = 875 J/kg K, k = 177 W/m K) is...
-
Below are several amounts reported at the end of the year. Currency located at the company Supplies Short-term investments that mature within three months Accounts receivable Balance in savings...
-
In 2017, Colgate-Palmolive Company reported sales revenue of $15.454 million and cost of goods sold of $6.099 million. Its net income was $2.024 million. Calculate gross profit and prepare an income...
-
If a company finds that its fixed asset turnover (net sales/fixed assets) has fallen to less than 1, what does this indicate?
-
Distinguish between gross profit margin, operating profit margin, and net profit margin and provide the formula for each ratio?
-
Find the shortest distance between the following pairs of parallel lines. [x y z]T = [3 0 2]T + t[3 1 0]T [x y z]T = [-1 2 2]T + t[3 1 0]T
-
The North Carolina Education Lottery has a drawing for the PowerBall twice a week and each ticket costs $2. Chris considers buying a ticket for every drawing. At 4 weeks per month, he would be...
-
Choice Manufacturing has received an offer from swag inc. to purchase 2,000 units of its standard product at a price of $39 per unit. choices current production and sales is as follows: Units...
-
Martin s Enterprise has been experiencing difficulties with respect to the competitiveness of the price that it charges to consumers. In January 2 0 2 1 , a market research team used demand and...
-
What is the market structure? give an example and the characteristics of each type of structure.
-
Help Yourself (H Y) was incorporated as a not-for-profit education organization with a December 31 year-end. HY reports to a government agency that requires audited annual financial statements to be...
-
Using the quotations in Exhibit 7.3, calculate the face value of the open interest in the September 2019 Swiss franc futures contract. EXHIBIT 7.3 June Sept Open Currency Futures Japanese Yen...
-
Nate prepares slides for his microscope. In 1 day he prepared 12 different slides. Which equation best represents y, the total number of slides Nate prepares in x days if he continues at this rate? A...
-
What are the three components of the C3? How is each component calculated?
-
Briefly explain how changes in the conversion times of the components of the C3 can be interpreted.
-
What is the meaning of leverage ratios? What ratios are used for relating total debt to a ventures assets and/or its equity?
-
In which one of the following lists are ALL items relevant to the determination of employment income? Employee RPP contributions; signing bonus on accepting employment; use of an employer - owned...
-
what is the shortest maturity bond issued by pfizer that is outstanding?
-
Manufacturing Company Balance Sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $89,400 Prepaid insurance 9,000 Accounts receivable...
Study smarter with the SolutionInn App