Jsquad3053 Jsquad3053

29-01-2020
Business

contestada

Mitchell Florists reported assets of $1,400 and equity of $350. What is its debt ratio? (Round your percentage answer to two decimal places.)

Respuesta :

Officialalehpeter Officialalehpeter

29-01-2020

Answer:

Debt ratio = 3 : 1

Explanation:

Asset = Capital

Capital = Debt + Equity

I.e Asset = Debt + Equity

1400 = D + 350

D = 1050

Debt ratio = Debt / Equity

Debt ratio = 1050/350

Debt ratio = 3 : 1

Answer Link

Otras preguntas

PLS HALP! Bisect line segment AB. Steps. 1. Center your compass at A so that it measures more than half way to B. Draw arcs above and below segment AB. 2. Using

Donny, of Donny's Doughnuts, bakes and sells 100 dozen doughnuts a day using one mixer and one fryer. His rival, Sunshine, of Sunshine's Doughnuts, produces 180

Through a regular hexagonal prism whose base edge is 8 cm and whose height is 12 cm, a hole in the shape of a right prism, with its end being a rhombus with dia

Determine the coordinate of the point where 2x+y=5 crosses the x-axis.

Which tissue makes up the husk of coconut?

According to research from the University of Chicago, which type of job is considered the most satisfying? Those that teach diligence. Those that make you sel

Find the product of 3.6 and 0.003

Where are pesticides found in the environment? A. In the soil only B. In the water only C. In the air only D. Everywhere/ all of the above

The circumference of a circle is 59.032 centimeters. What is the circle's radius?

Sean made 3 wood-fired pepperoni pizzas. 7 friends share the pizzas equally. How much pizza is each person getting? * Which fraction represents the ratio in thi

ACCESS MORE EDU ACCESS Universidad de Mexico