A firm has total assets of $2,000,000. It has $900,000 in long-term debt. The stockholders equity is
Question:
A) 45%
B) 40%
C) 55%
D) None of the above
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
C 55 Calculation of Debt to Total Asset Ratio Current li...View the full answer
Answered By
Ajeet Singh
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions.
I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life.
I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge.
I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields.
Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a teacher. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students.
4.90+
7+ Reviews
15+ Question Solved
Related Book For
Principles of Managerial Finance
ISBN: 978-1408271582
Arab World Edition
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Question Posted:
Students also viewed these Finance questions
-
Mohammed is a CPA who is engaged to perform a variety of services to both audit and non-audit clients. Most of his work involves financial statements audits for publicly traded companies, other large...
-
A firm has total revenues given by R(x) = 2800x-8x2-x3 dollars for x units of a product. Find the maximum revenue from sales of that product.
-
The Wilson Diversified Company has total assets of $130,000 at the end of 2007 and the following condensed income statement for 2007: Sales ............. $90,000 Operating expenses ...... (66,600)...
-
In Canada, Canadian teachers and bosses and HIGH AUTHORITY FIGURES are not FEARED but RESPECTED. In CANADA TEACHERS, bosses and AUTHORITY FIGURES encourage feedback, OPINIONS and ENGAGE in discuss....
-
Name mechanisms to improve web access for handheld devices. What is their common problem and what led finally to the development of WAP?
-
Information concerning the capital structure of the Petrock Corporation is as follows: During 20X1, Petrock paid dividends of $1 per share on its common stock and $2.40 per share on its preferred...
-
You have just borrowed $\$ 10,000$ and will be required to make monthly payments of $\$ 227.53$ for the next five years in order to fully repay the loan. What is the implicit interest rate on this...
-
Fifteen years ago, roop industries sold $400 million of convertible bonds. the bonds had a 40-year maturity, a 5.75% coupon rate, and paid interest annually. they were sold at their $1,000 par value,...
-
The entire graph of the function h is shown in the figure below. Write the domain and range of h using interval notation. 3 m 3 4
-
Consider an assembly line such as the burrito assembly line at Chipotle Mexican Grill. During slow times of the day, one server can handle assembly, but during very busy times, having many servers...
-
The number of times interest charges are earned is computed as: a. Net income plus interest charges, divided by interest charges b. Income before income tax plus interest charges, divided by interest...
-
Although debt financing is usually the cheapest component of capital, it cannot be used to excess because A) Interest rates may change. B) The firm's stock price will increase and raise the cost of...
-
Explain cause marketing and mission marketing. How do they differ?
-
Perform the indicated operation 3 5 2+3x-40-5 3 5 (Simplify your answer) 2.3-40 3-5
-
Given f(x) = x + 2 and (fg)(x) = 7x(x + 2), what is g(x)? g(x) =
-
Solve the equation: m + 18 = 2
-
Solve the equation 10 x + x = -2.
-
A block of mass 5 kg is held at rest on a rough plane, inclined at an angle of 40 to the horizontal, by a rope making an angle of 15 to the plane. The magnitude of the tension in the rope is 10 N....
-
Identify each of the following elements as a representative, a transition, or an inner transition element from its position in the periodic table. (a) Barium (b)Mo (c)F (d) Hafnium
-
CRUZ, INC. Comparative Balance Sheets December 31, 2015 CRUZ, INC. Income Statement For Year Ended December 31, 2015 Required Use the indirect method to prepare the cash provided or used from...
-
A risk _________ is a document that contains results of various risk management processes, and is often displayed in a table or spreadsheet format. a. management plan b. register c. breakdown...
-
How does accounting information assist management in measuring efficiency and effectiveness?
-
How is management accounting information a means to an end?
-
Why is- it important for accounting information to have the quality of integrity?
-
Please discuss echo of this topic with hundred words at list pleas. Its UNIX and Linux operating systems Discuss on (Unix File System and Directory Navigation) Discuss on (Importance of the shell...
-
How do Windows and Unix systems save settings?
-
Two charges, QA=-6.10 C and QB-4.15 C are placed a distance d=1.50 cm from each other. What is the electric potential energy of this system of charges? Provide your answer in joules with 2 decimal...
Study smarter with the SolutionInn App