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.
-
Why is it necessary to consider the thickness effect for a thin airfoil in hypersonic aerodynamics?
-
Number of classes: 6 Data set: Ages of the U.S. presidents at Inauguration Construct a frequency distribution and a frequency polygon for the data set using the indicated number of classes. Describe...
-
For the current period, Kayenta Companys manufacturing operations yield a $ 4,000 unfavorable price variance on its direct materials usage. The actual price per pound of material is $ 78; the...
-
In the United States there will always be an inherent conflict between the criminal defendant's Sixth Amendment right to a fair trial and the media's First Amendment freedom of press rights. The...
-
Suppose that a university is attempting to predict the grade point average (GPA) of some graduating students based upon their high school GPA levels. GPA scores lie between 0 and 4. Below are some...
-
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?
-
A German worker takes 400 hours to produce a car and 2 hours to produce a case of wine. A French worker takes 600 hours to produce a car and X hours to produce a case of wine. a. For what values of X...
-
The system shown in the given figure has a second order response with a damping ratio of 0.6 and a frequency of damped oscillations of \(10 \mathrm{rad} / \mathrm{sec}\). The values of...
-
How should the term charity be defined? What are the arguments against and in favor of counting the provision of healthcare in and of itself as charity?
-
Grandpa is trying out a new recipe for raisin bread. Each batch of bread dough makes three loaves, and each loaf contains 20 slices of bread. a. If he puts 100 raisins into a batch of dough, what is...
-
Describe the provisions of the HITECH Act and the Red Flags Rule and how they affect healthcare operations.
-
The area of agent-based research was introduced in Section 12.3. We recommend further reading on any of the projects mentioned, but especially the Brooks, Nilsson and Benson, or Crutchfield and...
-
What information must legally be placed on a film?
-
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?
-
Novak Corporation's statement of financial position as at December 31, 2023, showed the following amounts: Cash $140; Accounts Receivable $610; Land $1,050; Accounts Payable $430; Bonds Payable $470;...
-
Submit a brief summary of this case study 'Arcelor and the global steel industry' found on pages 484-501. This a brief section often read by executives or people who want a quick read on your...
-
The following cost data pertain to the operations of Montgomery Department Stores, Incorporated, for the month of July. Corporate legal office salaries $ 6 2 , 2 0 0 Apparel Department cost of sales...
Study smarter with the SolutionInn App