1

Question 6 Next> < Previous Given the following Year 9 selected balance sheet data: Assets $126,000...

Question

Question 6 Next> < Previous Given the following Year 9 selected balance sheet data: Assets $126,000...

Question 6 Next> < Previous Given the following Year 9 selected balance sheet data: Assets $126,000 245,000 240,000 $485,000
Question 6 Next> < Previous Given the following Year 9 selected balance sheet data: Assets $126,000 245,000 240,000 $485,000 Cash on Hand Total Current Assets Total Fixed Asset Investments Total Assets Liabilities and Shareholder Equity Accounts Payable Overdraft Loan Payable 1-Year Bank Loan Payable Current Portion of Long-Term Loans Total Current Liabilities Long-Term Bank Loans Total Liabilities S 66,000 0 0 17,000 83,000 66,000 149,000 Year 8 Year 9 Balance Change Shareholder Equity: 10,050 81,500 0 Common Stock (at a par value of $0.50 per share Additional Capital Retained Earnings Total Shareholder Equity Total Liabilities and Shareholder Equity 10,050 0 81,500 162,450 82,000 244,450 254,000 +82,000 336,000 $485,000 Based on the above figures and the definition of the debt-equity percentages (or debt%; presented in the Help section for p. 5 of the Camera and Drone Journal, the debt:equity percentages (rounded to 2 decimal places) and its current ratio are 31:69 and 2.95. 38:62 and 3.12. 31:69 and 1.64. o 29:71 and 2.48. 26.74 and 2.74. Copying, redistributing, or webste posting s expeessly prohibeed and constitutes copynght violation Copyright © 2019 by Go-Bus Software Inc c Previous Next >

Answers

Answer is   31:69 and 2.95
Explanation:
Current ratio: Current assets / Current Liabilities
245000 /83000 = 2.95
Debt-Equity = Total Debt / Equity
149000 / 336000 = 0.44 (which is equal to 31:69)


Similar Solved Questions

1 answers
The highest barrier that a projectile can clear is 15.8 m, when the projectile is launched...
The highest barrier that a projectile can clear is 15.8 m, when the projectile is launched at an angle of 17.0° above the horizontal. What is the projectile's launch speed?...
1 answers
A researcher surveys middle-school students on their study habits. She finds that in a random sample...
A researcher surveys middle-school students on their study habits. She finds that in a random sample of 28 middle-school students, the mean amount of time that they spend working on the computer each night is 2.4 hours with a standard deviation of 0.92 hours. She uses the sample statistics to comput...
1 answers
9) Bonus question. Using a diagram (hint: chair) and a mechanism explain why the reaction on...
9) Bonus question. Using a diagram (hint: chair) and a mechanism explain why the reaction on the right produces the cyclic sulfide and not the reaction on the left. (bonus 3 marks) SNa .ISNa (H3C),C." (H3C)C" Br acetone acetone No Reaction (H3C)₂C...
1 answers
Suppose you are given the following market demand function for apples: QD = QD (P. I,...
Suppose you are given the following market demand function for apples: QD = QD (P. I, Psub) where Pis the price per unit of apples, I is consumer income and Psub is the price per unit of grapes (a substitute for apples). Explain the market demand function in words: O Market-level quantity demanded f...
1 answers
Match the following: 1. The average daily intake level that meets the needs of 50% of...
Match the following: 1. The average daily intake level that meets the needs of 50% of the people in a group. 2. The average nutrient intake level that meets the needs of almost all healthy individuals in a particular group 3. When there is not sufficient evidence to establish an RDA, this is used in...
1 answers
I'm looking at using some open source code in my ASP.NET web app (specifically dapper). Management...
I'm looking at using some open source code in my ASP.NET web app (specifically dapper). Management is not a fan, because open source is seen as a risk that has bitten us before. Apparently previous developers have had to rewrite things after having open-source components fail. The pros seem to b...
1 answers
For the schematic shown, what is the correct truth table. (Create your own table and add...
For the schematic shown, what is the correct truth table. (Create your own table and add columns for p and p! + N B C D A XYZ WWWW 0001110 0011000 000000 0 1 1 0 0 0 0 100100 1 0 1 0 0 0 11000 1110 OT...
1 answers
In airline, different regions can have the same route type. True or false
In airline, different regions can have the same route type. True or false...
1 answers
Over lunch, David and Sonya are discussing their managers. David describes his now boss as extremely...
Over lunch, David and Sonya are discussing their managers. David describes his now boss as extremely motivating David feels much more psychologically empowered and more self-confident because of how his manager leads the team. Work goals are more demanding than ever, but even though the rewards of t...
1 answers
• You are riding in an elevator that is accelerating upward. Suppose you stand on a...
• You are riding in an elevator that is accelerating upward. Suppose you stand on a scale. The reading on the scale is • Greater than your true weight. • Equal to your true weight. . Less than your true weight....
1 answers
Which substance is the limiting reactant when 2.0 g of sulfur reacts with 3.0 g of oxygen and 4.0 g of sodium hydroxide according to the following chemical equation? 2 S(s) + 3 O2(g) + 4 NaOH(aq) → 2 Na2SO4(aq) + 2 H2O(l)
Which substance is the limiting reactant when 2.0 g of sulfur reacts with 3.0 g of oxygen and 4.0 g of sodium hydroxide according to the following chemical equation? 2 S(s) + 3 O2(g) + 4 NaOH(aq) → 2 Na2SO4(aq) + 2 H2O(l)...
1 answers
An airbag is designed such that a 65 kg passenger in a car traveling at 25...
An airbag is designed such that a 65 kg passenger in a car traveling at 25 m/s that hits a tree and stops feels an average force no larger than 80 kN. Over what length of time must the airbag spread out the collision over?...
1 answers
2 pts Question 8 In bacteria genes can be transcribed in operons. True False 2 pts...
2 pts Question 8 In bacteria genes can be transcribed in operons. True False 2 pts Question 9 In bacteria introns are present in most mRNA. True o False...
1 answers
Column chromatography experiment Which statements are True (T) and False (F) a) one solvent and solvent...
column chromatography experiment Which statements are True (T) and False (F) a) one solvent and solvent pairs can be used b) More polar solvents system must be used initially c) Solvent polarity can be increasefl gradually OT,F,T OF,F,T OTT,F OF.F,F...
1 answers
4. (a) A function f has first derivative f'(r) and second derivative It is also known that the function f has r-int...
4. (a) A function f has first derivative f'(r) and second derivative It is also known that the function f has r-intercept at (-3,0), and a y-intercept at (0, 0) i) Find all critical points, and use them to identify the intervals over which you will examine the behaviour of the first derivative 3...
1 answers
Barrel-shift method. 2) (20 points): What is the hardware obtained if the following code is synthesi...
Barrel-shift method. 2) (20 points): What is the hardware obtained if the following code is synthesi zed (Draw circuit)? module Mars (A, B, 11, I0, 12, 13, F); input A, B, I0, 11, 12, 13; output F; wire F; assign F (A)? (B ? 13:12): (B? 11:I0); endmodule r more consecutive 1...

-- 0.009218--