FREE Trial
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!

Alexander Corp. has the following balances as of December 31, 2017: Total Assets 108.000 Total liabilities 71.000 Total Equity 37.000 Calculate the debt-to-equity ratio.

Alexander Corp. has the following balances as of December 31, 2017:

Total Assets

108.000

Total liabilities

71.000

Total Equity

37.000


Calculate the debt-to-equity ratio.

  • Expert Answer

To calculate the debt to equity ratio you divide the total liabil View the full answer


answer-question
Related Book For  answer-question
Financial Accounting A Critical Approach

Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

See More Books
Post a Question and Get Help

Cannot find your solution?

Post a FREE question now and get an answer within minutes*.

*Average response time.
Posted Date: June 05, 2023 01:19:06
See More Questions

Students also viewed these accounting questions

Q:
The following financial statements apply to Bedford Appliances, Inc.: Required Calculate the following ratios for 2019 by rounding to two decimal points: a. Working capital. b. Current ratio. c....
A:
a Current assets Current liabilities 461 000 166 000 295 000 b Current assets Current liabilities 46......
Q:
The Corrigan Corporations 2017 and 2018 financial statements follow, along with some industry average ratios. a. Assess Corrigans liquidity position, and determine how it compares with peers and how...
A:
a Corrigan s liquidity position has improved from 2017 to 2018 however its current ratio is still below the industry average of 2 7 b Corrigan s inventory turnover fixed assets turnover and total asse......
Q:
The following financial statements apply to James Appliances, Inc. Required Calculate the following ratios for 2015 by rounding to two decimal points. a. Working capital b. Current ratio c. Quick...
A:
a Current assets Current liabilities 461 000 166 000 295 000 b Current assets Current liabilities 46......
Q:
1. Read the following article about the new circle with disney product and answer the following questions. in doing so, take on the role as the marketing manager responsible for the product and...
A:
a The primary market for the product is the guardians or the caretakers mostly persons who have someone under them who they should oversee their welfare is a potential market for the product However p......
Q:
For the sample heights of Georgia college students in Example 15, the males had = 71 and s = 3 and the females had = 65 and s = 3. a. Use the empirical rule to describe the distribution of heights...
A:
a According to the Empirical Rule 68 of men would be within one standard deviation......
Q:
Two radar stations A and B are 80km apart and B is due east of A.One aircraft. one aircraft is on a bearing of 030 from A and 346 from B.A second aircraft is on a bearing of 325 from A and 293 from...
A:
Click to View...
Q:
For each of the following lists of premises, derive the indicated conclusion and complete the justification. For tautology, derive a conclusion that is simpler than the premise. 1. (A~C) 2. (W~T) 3....
A:
Click to View...
Q:
Bronxville College maintains a loan fund of approximately $1 million (including receivables). The funds are invested in stocks and bonds and all investment income must be added to the balance in the...
A:
1 Donor contributions Cash 75 000 Contributions 75 000 To record donor con......
Q:
Display city, province name and postal code for all departments located in countries that start with letter /(meaning Italy, Israel and India). If the province is blank, show message Unknownand the...
A:
To retrieve the city province name showing Unknown for blank provinces and postal code for......
Q:
Start of Payroll Project 7-3a October 9, 20-- No. 1 The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you...
A:
journal entries to record the deposit of the Pennsylvania state income......
Q:
Color Sofa provides upholstery services in Bandar Kijang. It uses a job order costing system to accept orders from the customers. The manufacturing overhead cost is absorbed based on direct labour...
A:
a Companies use budgeted overhead costs rather than actual costs to compute predetermined overhead r......
Q:
Discuss the different ways in which Database Administrator (DBA) can store the data of ABC enterprise implementing Accounting Information System (AIS).
A:
Indexing DBAs can create indexes on specific columns within the database This allows for faster retrieval of data when searching or sorting by those c......
Q:
(Related to Checkpoint 5.3) (Compound interest with non-annual periods) Calculate the amount of money that will be in each of the following accounts at the end of the given deposit period: Annual...
A:
Calculate the amount of money in each account at the end of the given deposit period with compound i......
Q:
A bond with exactly nine years remaining until maturity offers a 3% coupon rate with annual coupons. The bond, with a yield-to-maturity of 5%, is priced at 85.784357 per 100 of par value. The...
A:
To calculate the estimated price value of a basis point PVBP for the bond you need to determine how......
Q:
1. The horizontal shaft AD is attached to a fixed base at D and is subjected to the torques shown. A 34 mm diameter hole has been drilled into portion CD of the shaft. Knowing that the entire shaft...
A:
The angle of twist at end A is 0 403 radians which is equal to 2......
Q:
Read integer inCount from input as the number of integers to be read next. Use a loop to read the remaining integers from input. Output all integers on the same line, and surround each integer with...
A:
Here s a Java program that reads an integer to determine the c......
Q:
Future Value of an Investment Using the future value tables, solve the following. (Click here to access the time value of money tables to use with this problem.) Round your answers to two decimal...
A:
Click to View...
Q:
Identify Thank You mission, strategy and core competencies. Identify strategy changes that have taken place at Thank You since its founding in 2008. Your answer must in text references and must be...
A:
Click to View...
Q:
Use the CCH IntelliConnect Citator to answer the following questions regarding Notice 2010-10: a. Where is the notice located in the Internal Revenue Bulletin? b. Where is the notice annotated? c....
A:
a Notice 2010 10 is located at IRB 2010 3 299 issued December 18......
Q:
Use the CCH IntelliConnect Citator to answer the following questions regarding the 19th revenue procedure of 2002: a. What does this procedure address? Which Code sections are involved? b. What is...
A:
a Rev Proc 2002 19 Mar 14 2002 addresses Accounting m......
Q:
Use CCH IntelliConnect to answer the following questions: a. How is a resident of Bermuda defined in its treaty with the United States? b. Use the Transfer Pricing database to explain what the cheese...
A:
a In the Income Tax Treaty between Bermuda and the United Sta......
Q:
On January 2, 2013, Parker Corporation invests in the stock of Quarry Corporation. Quarry's book value is $4 million and its assets and liabilities are fairly reported. Quarry reports income of $3...
A:
in thousands a Balance Sheet December 31 2013 Current assets 38 600 1 Current liabilities 20 000 Pro......
Q:
The Suns energy production (near its center) is initially in the form of X-rays and gamma rays. By the time it reaches the surface, it is mostly in the visible range. Use Compton scattering to...
A:
For each scattering the wavelength shift is on the order......
Q:
A transverse wave on a string travels in the negative y-direction at a speed of 40.0 cm/s. Figure P.2.20 is a graph of Ï versus t showing how a point on the rope at y = 0 oscillates. (a)...
A:
a b c......
Q:
Vitamin E is an antioxidant and a useless food supplement if and only if it does not reduce heart disease. It is not the case either that vitamin E does not reduce heart disease or is not an...
A:
Click to View...
Q:
Group technology and processing cycle efficiency Ray Brown??s company, Whisper Voice Systems, is trying to increase its processing cycle efficiency (PCE). Because Ray has a very limited budget, he...
A:
Before the rearrangement PCE in minutes for Whisper Voice Systems......
Q:
After graduating from the University of Texas with a degree in Finance, Stan Morgan took a position as a stockbroker with Morgan Stanley in Austin. Although he had several college loans to make...
A:
Let s address each of these questions step by step 1 Future Median Home Selling Price To calculate the future median home selling price in Round Rock in eight years we can use the formula for compound......
Q:
The position of a particle as a function of time is given by r(vector) = (5.0i + 4.0j)t 2 m, where t is in seconds. a. What is the particles distance from the origin at t = 0, 2, and 5 s? b. Find an...
A:
Solve We have r vector 5 0i 4 0 j t 2 m This means that r vector does not change the ratio of......
Q:
Use an online tax service (e. g., Checkpoint, LexisNexis, CCH IntelliConnect) to answer the following questions: a. What is the general content of Internal Revenue Code 28? b. What is the general...
A:
The contain name of the computer tax service used a Section 28 Title Clinical testing expenses for c......
Q:
Tax protesters who file frivolous tax returns or bring frivolous proceedings before the U. S. Tax Court are subject to certain fines or other penalties. What are the grounds for imposing each...
A:
Under Code 6702 the maximum penalty a taxpayer is subject to is a 5 000 fin......
Q:
An electromagnetic standing wave in a certain material has frequency 1.20 x 1010 Hz and speed of propagation 210 x 108 m/s. (a) What is the distance between a nodal plane of B and the closest...
A:
a IDENTIFY and SET UP The distance between adjacent nodal planes of B is 2 There is a......
Q:
It looks like India and China are going to compete for a manned landing on the moon by 2020 while America is muddling along with no real future space plan. Let's do something significant in...
A:
This passage is an argument The argument can be summarized as follow......
Q:
You want to borrow $24,000 for a tax payment. Your friend offers you a loan, and he claims that he will only charge you 10% interest. He calculates that the total interest of the loan will be $24,000...
A:
Your friend s calculation of the interest is incorrect and he has ac......
Q:
Ricky is considering purchasing an apartment costing $700,000. He will pay a 30% down payment and take out a mortgage for the remainder. Since he just got married and wants to save some money for...
A:
To calculate the monthly payments for the mortgage plans offered by the four banks we can use the fo......
Q:
Teenage bullying is all about power. One person has it, one person does not. Reluctant to seek help, victims feel ashamed and powerless, and they fear retaliation should they "rat out" the bully....
A:
Let s go through each one Teenage bullying is all about power One person has it one person does not......
Q:
The following statements represent conclusions for arguments. Each is expressed in the form of two alternatives. Select one of the alternatives for each conclusion, and then jot down several reasons...
A:
A constitutional amendment that outlaws flag burning should not be adopted Reasons Flag burning while a controversial form of expression is protected by the First Amendment in the United States which......
Q:
Lyon, a cash basis taxpayer, died on January 15 of the current year. During the current year, the estate executor made the required periodic distribution of $9,000 from estate income to Lyon?s sole...
A:
a......
Q:
Express mass density in kg/m3 and weight density in lb/ft3. 1. Find the mass density of a chunk of rock of mass 215 g that displaces a volume of 75.0 cm3 of water. 2. A block of wood is 55.9 in. x...
A:
1 D m m v 215g 75 0cm 3 x 100 cm 1m 3 x 1......
Q:
Research various global financial services organizations (for example, UBS AG, E-Trade, Schwab, ING, Bank of America, HSBC, RBS) through their company websites and other publicly available...
A:
I can provide an analysis of the fictional financial institution BUS s mission vision and strategy in the context of the questions you ve mentioned However please note that this analysis is based on t......
Q:
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
A:
A hotel s target market is a specific subset of all hotel customers from whom a particular property seeks to obtain business This could be business travelers and families on vacation to a hotel near a......
Q:
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
A:
Answer 12 A A bond s coupon rate sometimes abbreviated simply to coupon isn t affected by its price B However the coupon rate influences the bond s price by influencing the bond s competitiveness and......
Q:
A national fast food restaurant chain has recently made the decision that their breakfast menu will now be available all day long. The product management team overseeing the breakfast lines including...
A:
a Opportunity cost is the cost of forgone alternative When the......
Q:
Consider the following large organizations. Would you classify them as primarily cost leaders, product differentiators, or focused competitors according to the Porter Strategy Framework?Why? Dominant...
A:
Organization Dominant Porter Strategy Apple Product differentiati......
Q:
Timothy Monroe opened a law office on January 1, 2017. During the first month of operations, the business completed the following transactions: Jan. 1 Monroe contributed $62,000 cash to the business,...
A:
Requirements 1 and 3 Date Accounts and Explanation Posting Ref Debit Credit Jan 1 Cash 101 62 000 Common Stock 301 62 000 3 Office Supplies 121 500 Furniture 141 2 000 Accounts Payable 201 2 500 4 Cas......
Q:
Geraldine is an accrual-basis taxpayer who has the following transactions during the current calendar tax year: Accrued business income (except rent) Accrued business expenses (except rent) Rental...
A:
Income Other than rental......
Q:
The central question in this case is whether the state statute establishing that skiers assume the risks inherent in the sport bars Alainas suit. What would your decision be on this issue? Why?...
A:
Yes because the statute strengthened the traditional co......
Q:
Many of the rights assigned to Aboriginal people are described in this section as "unclear," "largely undefined," or "expected to be determined." Explain why you think this is the case, making...
A:
The description of Aboriginal rights as unclear largely undefined or expected to be determined stems from historical legal and societal factors that have shaped the treatment and recognition of these......
Q:
Acceptance of a training assignment in an operation will likely be avoided if potential trainers are a. New to their jobs. b. Not given the time to train. c. Not given additional compensation. d....
A:
b Not......
Q:
Traditional tag along and shadowing training programs often do not work well because they a. Are too time consuming. b. Can only be effectively implemented in a group setting. c. Require excessive...
A:
d Lack a well......
Q:
1. Why might an employer choose not to hire some job candidates offering relatively high levels of marginal product if the price of the product the employer sells decreases considerably? 2. If more...
A:
1 If the price of the product the employer sells decreases the lower marginal rev......
Q:
Describe an example of where each type of bias might come into play. Be specific in your example and explain how/why that bias exists. (8 marks)
A:
Confirmation Bias Example Suppose a person believes that a certain brand of a health supplement is effective in boosting energy levels When researching online they only read reviews and articles that......
Q:
Respond to peers' posts in a substantive manner. Provide information that they may have missed or may not have considered about the strengths and weaknesses of the capital budgeting techniques...
A:
I agree with both of your peers findings on the strengths and weaknesses of capital budgeting techniques and their comparison between techniques based......
Q:
write a fundraising letter on behalf of a charity or not-for-profit organization of your instructor's choice. You will pretend that you are an employee of the charity or organization, and your...
A:
Your Name Your Title Charity or Not for profit Organization Name Address City State ZIP Code Date Dear Recipient s Name I hope this letter finds you in good health and high spirits I am writing to you......
Q:
Sybil v Fawlty Fireworks Limited Basil and Sybil were a married couple, but were unfortunately having difficulties with their relationship. After months of disagreement, Basil moved out of the family...
A:
Mooting for Counsel for Sybil on the Appeal by Fawlty Fireworks Limited Grounds for Appeal Fawlty Fireworks Limited has appealed the decision of Cleese J on the grounds that Sybil did not witness the......
Q:
Neuf Dix Corporation provided the following information for 2021. December 31 Cash Retained Earnings Cash flow from operating activities Cash flow from investing activities Cash flow from financing...
A:
To calculate the cash flow from operating activities we can use the indirect method for the statemen......
Q:
The coefficients of friction between block B and block A are 0.12 s = and 0.10 k = and the coefficients of friction between block A and the incline are 0.24 s = and 0.20. k = The masses of block A...
A:
We B MB 98 8 W mg 98 1 N WB mBg 49 05 N Assume that block B slides downward relativ......
Q:
It is possible to investigate the thermo chemical properties of hydrocarbons with molecular modeling methods. (a) Use electronic structure software to predict cHo values for the alkanes methane...
A:
a and b The table displays computed enthalpies of formation semi empirical PM3 level PC Spartan ProM......
Introductory Mathematics Algebra And Analysis 2nd Edition - ISBN: 3540761780 - Free Book