What is the debt-to-total asset ratio

Assignment Help Accounting Basics
Reference no: EM133032357

Question - A firm has total assets of $4,000,000. liabilities of $2,000,000 and stockholders equity is $2,000,000. What is the debt-to-total asset ratio?

a. 50%

b. 34%

c. 45%

d. 55%

Reference no: EM133032357

Questions Cloud

How much would able receive upon liquidation : Assume that a partnership had assets with a book value of $240,000 and a market value of $195,000, How much would Able receive upon liquidation
What is the depreciation expense in the year of purchase : The business's year-end is December 31. Residual value = 25000. What is the depreciation expense in the year of purchase
Discuss synergism-antagonism and potentiation : Discuss synergism, antagonism, and potentiation as they apply to this case. Discuss issues related to patient compliance.
How much cash was provided by operating activities : There was also a loss on the sale of equipment of $12,000. How much cash was provided by operating activities in 2022
What is the debt-to-total asset ratio : A firm has total assets of $4,000,000. liabilities of $2,000,000 and stockholders equity is $2,000,000. What is the debt-to-total asset ratio
Make the Stockholders Equity section of the Balance Sheet : Paid-in capital in excess of par value - common 35,000. Make the Stockholders' Equity section of the Balance Sheet on Dec 31, 2003
Presentation on earnest mancoba : Presentation on Earnest Mancoba - In that presentation, You need a slideshow that contains pictures.
How much will be reported on the December balance sheet : If Tim's Donuts makes the appropriate adjusting entry, how much will be reported on the December 31, 2021 balance sheet as inventory
What amount of gain from re-measurement of investment : The retained investment is to be held as nontrading measured at FVTOCI. What amount of gain from re-measurement of investment

Reviews

Write a Review

Accounting Basics Questions & Answers

  Demonstrate the first four steps in the accounting cycle

Analyzing each transaction, using double entry accounting to record these transactions in the general journal, and posting them to their respective accounts.

  For 2012 the new products division of testar company had

for 2012 the new products division of testar company had operating income of 9700000 and operating assets of 46500000.

  Adama company reported a net loss of $6,000

Adama Company reported a net loss of $6,000

  Consumer-oriented promotional strategies

Select one (1) of the following categories of products to research: sports apparel, automobiles, home furnishings, or televisions. Use the Internet to research at least two (2) companies within the selected product category. Take note of the leadi..

  What potential ethics issues do you see in this situation

Which Statement(s) on Standards for Tax Services apply in this situation (explain how and why they apply)?

  How is cost-volume-pricing analysis useful in making pricing

How is Cost-Volume-Pricing analysis useful in making pricing and product mix decisions

  Post transactions to the general ledger

Post transactions to the general ledger (T-accounts). [Note: don't forget that some accounts have beginning balances (as of December 31, 2020).]

  Prepare a balance sheet in proper form for bing corporation

Prepare a balance sheet in proper form for Bing Corporation as of December 31,2016. Ignore income taxes.

  Calculate Patos direct material quantity variance for May

At May 31, Pato had 780 leather strips remaining in its direct materials inventory. Calculate Pato's direct material quantity variance for May

  Show a pension worksheet inserting January

Blue Company provides the following information about its defined benefit pension plan for the year 2020. Show a pension worksheet inserting January

  Calculate each ratio using information from balance sheet

Calculate each ratio using the information from the balance sheet and income statement. Write a 2-3-page paper that reports your findings.

  The sales total is 56000 sales discount is 1000 sales

1.what is the purpose of keeping a change fund in a business?a. to pay balance to customersb.to meet smaller expenses

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd