Nathvile Laundry reported assets of $800 and equity or $480. What is Nathvile's debt ratio? a.60% a.40%
Question:
a.60%
a.40%
a.67%
d. Not enough information is provided
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
The correct answer is option b Debt ratio is the relation between t...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Cost Accounting questions
-
Moscow Jewelry Company reported the following summarized balance sheet at December 31, 2010: Assets Current assets.....................................................................$33,600 Property...
-
CZ Jewelry Company reported the following summarized balance sheet at December 31, 2014: Assets Current assets......................................................................... $ 61,000...
-
On May 1, B. Bangle opened Self- Wash Laundry. His accountant listed the following chart of accounts: Cash Supplies Prepaid Insurance Equipment Furniture and Fixtures Accounts Payable B. Bangle,...
-
Answer the following question based on the information presented for Cloud 9 in the appendix to this text and the current and earlier chapters. You should also consider your answers to the case study...
-
Briefly explain why the magnitude of the absorption coefficient (? in Equation 21.18) depends on the radiation wavelength. (21.18) I; = 1be ix
-
Evaluate the integral. [/4 tan0 sec 0 de Jo
-
Who are the key actors in the labor market? What motives do economists typically assign to workers and firms?
-
The American supply and demand curves for potatoes cross at $5 a pound, but potatoes are available in any quantity from abroad at $2 a pound. Each week, American sellers produce 500 pounds of...
-
Case study: Pepto Optimality Pareto efficiency, also known as pareto optimality, is an economic state in which resources connot be redistributed to benefit one individual without harming atleast one...
-
Suppose your tax rate is 23% and you want to purchase a municipal bond of $1,750 for 9% interest. At what interest rate on a for-profit bond , before tax, would you be indifferent between the two...
-
Tim was recently called into the partner's office and offered a two-year assignment in his public accounting firm's Shanghai office. Realizing that Tim will face incremental expenses while in...
-
Watkins, Inc. acquires all of the outstanding stock of Glen Corporation on January 1, 2012. At that date, Glen owns only three assets and has no liabilities: If Watkins pays $400,000 in cash for...
-
Write a system of linear inequalities for the given graph. (0, 6) (4, 2) -2 (0, 0) |(4, 0) -2-
-
Change the equation x+y=49 from Cartesian coordinates to cylindrical coordinates. (Simplify your answer)
-
Novak Ltd's shares were issued for $23 per share but now have a market value of $35.52 per share. The most recent EPS for the company was $3.2. The P/E ratio for Novak Ltd. is ?
-
4. The AS curve slopes upward because higher cyclical output both increases costs of production and gives firms a better bargaining position to raise prices. Fale it describe how economic the...
-
CASH FLOW EXERCISE Balance sheet, income statement and cash flow. The Statement of financial position of YYY for 2018 is the following: Assets Equity Non-current assets 160 Equipment 200 (Accumulated...
-
Solve the following logarithmic equation for x , if it exists: log 2 ( x ) + log 2 ( x - 1 ) = 1 . Find it to two decimal points
-
Two distant galaxies are receding from Earth at 0.75c in opposite directions. How fast does an observer in one galaxy measure the other to be moving?
-
Repeat Exercise 16.6 using the t-test of the coefficient of correlation. Is this result identical to the one you produced in Exercise 16.6?
-
The TELUS Communications Corp. 2016 financial statements appear on MyLab Accounting. Answer the following questions about the companys share capital: 1. What classes of shares has TELUS issued? How...
-
You have just received $4,000 from an uncle and you have decided to invest the money in shares of Electronic Recycling Inc. (ERI), a company that is listed on the Toronto Stock Exchange. ERI has...
-
Gingrich Solutions Ltd.s articles of incorporation state that it is allowed to issue 90,000 $2.00 preferred shares and 150,000 common shares. In its first year, Gingrich Solutions Ltd. completed the...
-
2-Using the CPT data in figure below, a unit weight of 115 pcf, and an overconsolidation ratio of 3, determine (a) soil behavior type (b) o' using Kulhawy and Mayne correlation and (c) N60 for the...
-
How does the application of computational fluid dynamics (CFD) coupled with multiphase flow modeling enhance the understanding and prediction of complex hydrodynamic behaviors in industrial-scale...
-
1. From the joint distribution defined by the graphical model, determine if the conditional independence holds: ALL FIE, B, and provide brief explanation (5 points). 2. Given an undirected chain...
Study smarter with the SolutionInn App