User Account

All Pages

What the debt to asset ratio is

Assignment Help Accounting Basics
Reference no: EM132686392

Problem 1: ABS Co. has sales of 500,000, operating profit of 50,000interest expense of 10,000 tax expense of 20,000 total equity of 125,000 and total debt of 275,000. Their debt to asset ratio is?

a.)72.75%
b.) 70%
c.)50.25%
d.)68.75%

Reference no: EM132686392

Questions Cloud

Find and solve cost of ending inventory and cost of good : Assume Orion Iron applies its inventory costing method, Calculate the cost of ending inventory and the cost of goods sold using the FIFO method.
What is the cost of the inventory on January : Lockout Company revealed the following inventory transactions: Jan. 5 Purchased 4,000 units @ P150. What is the cost of the inventory on January
List the preparation methods : What are three quality indicators for whole fresh fish that you should look for before preparing this dish?
Human anatomy is the study of structure : Define and describe the six levels of organization of the body and explain the eleven major organs systems in the body.
What the debt to asset ratio is : Operating profit of 50,000interest expense of 10,000 tax expense of 20,000 total equity of 125,000 and total debt of 275,000. Their debt to asset ratio is?
Blood substitute : Read "In Search of a Blood Substitute" Which of the hemoglobin manipulation approaches do you believe is the best approach?
What is the unit cost of the goods transferred : Factory overhead was applied at 50% of direct labor cost which excludes a 5% provision for spoilage. What is the unit cost of the goods transferred
Identify at least four suitable performance indicators : Explain the rationale for each indicator and how we measure the performance regularly by using that indicator.
What was the flexible-budget sales amount for tla : TS at a price of $18 per unit. The actual sales for the period were 10,000 units of TS at $19 per unit. What was the flexible-budget sales amount for TLA?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How investor account for losses made by associate comapny

What do you understand to be significant influence and how would you identify it? How would an investor account for losses made by an associate company?

  Determine the cost of this purchase for the purpose

Assume that a U. S. company makes a purchase from a British company and agrees to pay a price of 2 million pounds. How will the U.S. company determine the cost of this purchase for the purpose of recording it in its accounting records? Briefly exp..

  Jell corporation uses the total cost concept of product

jell corporation uses the total cost concept of product pricing. below is cost information for the production and sale

  What is the amount of depreciation using the

what is the amount of depreciation using the double-declining balance method for the second year of use for equipment

  Calculate its cash flow on total assets ratio for both years

A company reported average total assets of $248,000 in 2010 and $302,000 in 2011. Its net operating cash flow in 2010 was $20,575 and $27,750 in 2011.

  Discuss the company could purchase a model machine

The company could purchase a model 5200 machine and use the old model 2600 machine as standby equipment

  How much will august cash disbursements for materials

Three-fourths of all purchases are paid for in the month of purchase, How much will August's cash disbursements for materials purchases be

  Direct and absorption costing the information that follows

direct and absorption costing the information that follows pertains to consumer products for the year ended december 31

  Discuss which company has a stronger management team

Which company has a stronger management team in terms of efficiently using its resources

  Calculate the cost of goods sold for the sale

The company uses the perpetual inventory system and the weighted average to value the inventory. Calculate the cost of goods sold for the sale

  What is the double entry

If found to be negligent by the court, the company will have to pay a fine of $200,000 plus clean-up costs of $150 000. What is the double entry

  The table below contains data on fincorp inc the balance

the table below contains data on fincorp inc. the balance sheet items correspond to values at year-end of 2010 and 2011

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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