User Account

All Pages

What was enbridge book debt-equity ratio

Assignment Help Financial Accounting
Reference no: EM132791035

Problem 1: In 2019, Enbridge had a book value of equity of $32 billion, 3.4 billion shares? outstanding, and a market price of $31 per share. Enbridge also had cash of $112 billion, and total debt of $199 billion. What was Enbridge's book debt-equity ratio?

Reference no: EM132791035

Questions Cloud

Management credibility-underperforming department : The effectiveness of any compensation system to attract, retain and align employee behavior and performance with the objectives
Estimate the approximate dollar amount of proceeds : List the various direct costs the firm likely paid in association with this offering and, using historical averages for these costs, estimate the approximate
Describe principal effects of china increasing prosperity : Describe the principal effects of China's increasing prosperity on U.S.- China relations. Explain whether you believe the rise of China as a superpower.
What could the vc possibly do with the loan to share : What could the VC possibly do with the loan to share some of your firm's growth potential? (Use something discussed in EC302 to elaborate)
What was enbridge book debt-equity ratio : A market price of $31 per share. Enbridge also had cash of $112 billion, and total debt of $199 billion. What was Enbridge's book debt-equity ratio?
How did the mexican muralism movement impact the chicano : What role does cultural expression play in changing people's minds and promoting social change? How did the Mexican Muralism movement impact the Chicano.
Compute the estimated cost of inventory burned : On December 31, 2021 Felt Company inventory. Compute estimated cost of inventory burned, and give entries as of December 31, 2021 to close merchandise accounts
Firm current capital structure weights for equity and debt : Suppose that a company's equity is currently selling for $22.50 per share and that there are 4.20 million shares outstanding.
How were they influenced by the historical moment : Explore the work of one artist or group of artists to describe how their work made an impact in Latin America. What did they contribute?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Three branches based on how much revenue branch receives

The Goldfinch Corporation has branches in Cleveland, Columbus, and Cincinnati. In 2015, Cleveland had revenue of $5,000,000, Columbus had revenue of $4,000,000, and Cincinnati had revenue of $3,000,000. How much will each branch receive if the bonus ..

  Calculate after-tax cash flow at disposal

Genetic Insights Co. purchases an asset for $17,307. This asset qualifies as a seven-year recovery asset under MACRS. Calculate After-Tax Cash Flow at disposal.

  Prepare a tabular analysis of the september transactions

Prepare a tabular analysis of the September transactions beginning with August 31 balances. (If an amount reduces the account balance)

  How much may tracy claim as itemized deductions

Tracy is single and had an adjusted gross income of $ 33,400 in 2015. Tracy also has the following items : unreimbursed medical expenses $ 3,909, state income tax $1869, interest expense first mortgage $ 3625, interest expense second mortgage $ 1236,..

  Sale on its income statement for fiscal

On December 28, 2012 Piedmont Supply Co. ships $155,000 of merchandise by common carrier to the Maxwell Company. The terms of the sale are 3/15, n/45, FOB destination. It takes 5 days for the merchandise to arrive at Maxwell Company. Both Piedmont Su..

  About segregation of duties in manual transactions

Most of the time we talk about segregation of duties in manual transactions. Do you think this key internal control is relevant in the IT control space? If so, any examples of conflicting duties being performed by technology personnel ?

  What are three main characteristics of liabilities

What are three main characteristics of liabilities, and why is it important to classify liabilities into short-term and long-term?

  Compute the operating leverage factor

WWE accountants obtain monthly cost information and use regression to derive the cost function below. What variable specific to WWE might the X represent

  How is data analytics different from statistics

Analytics tools fall into 3 categories: descriptive, predictive, and prescriptive. What are the main differences among these categories?

  How much cash was paid for rent during june

Prepaid Rent was $800 at the end of May and $1,300 at the end of June. Rent Expense for June was $720. How much cash was paid for rent during June

  Examine the financial performance of a company

Examine the financial performance of a company and Calculation of ratios and percentages - Analyze the profitability, financial stability and asset utilization

  Calculate the average manufacturing period

The cost of its annual production is € 198,000, and the average value of the products under development is € 11,000. Calculate the average manufacturing period.

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