At December 31, 2019, David Bash Company has total assets of $1,000,000, total liabilities of $720,000,...
At December 31, 2019, David Bash Company has total assets of $1,000,000, total liabilities of $720,000, and total owner’s equity of $280,000.
At December 31, 2019, David Bash Company’s debt-to-equity ratio is:
Group of answer choices
0.72
5.00
0.28
2.57
Homework Answers
| Total liabilities | 720000 |
| Divide by Total owner’s equity | 280000 |
| Debt-to-equity ratio | 2.57 |
| Option D 2.57 is correct |
Add Answer to:
At December 31,
2019, David Bash Company has total assets of $1,000,000, total
liabilities of $720,000,...
Durable Plastics Company had the following total assets, liabilities, and equity as of December 31. Total...
Durable Plastics Company had the following total assets, liabilities, and equity as of December 31. Total Assets Total Liabilities Total Equity $450,000 132,000 318,000 What is the company's debt ratio as of December 31? (Round your percentage answer to two decimal places.) O A. 100.00% O B. 29.33% O c. 41.51% OD. 70.67%
Barger Corporation has the following data as of December 31, 2018: $ Total Current Liabilities Total Current Assets...
Barger Corporation has the following data as of December 31, 2018: $ Total Current Liabilities Total Current Assets 52,910 58,200 106,920 Total Stockholders' Equity Other Assets Property, Plant, and Equipment, Net $ ? 31,500 215,430 Long-term Liabilities Compute the debt to equity ratio at December 31, 2018. (Round your answer to two decimal places, X.XX.) Debt to equity ratio
The amounts of the assets and liabilities of Nordic Travel Agency at December 31, 2019, the...
The amounts of the assets and liabilities of Nordic Travel Agency at December 31, 2019, the end of the year, and its revenue and expenses for the year follow. The capital of Ian Eisele, owner, was $670,000 on January 1, 2019, the beginning of the year. During the year, Ian withdrew $42,000. Accounts Amounts Accounts payable $ 69,500 Accounts receivable 285,000 Cash 190,500 Fees earned 912,500 Land 544,000 Miscellaneous expense 6,400 Rent expense 36,000 Supplies 5,500 Supplies expense 4,100 Utilities...
December 31, 2020, 2019, 2018 (in millions) Current assets Other assets Total assets Current liabilities Long-term...
December 31, 2020, 2019, 2018 (in millions) Current assets Other assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2020 $ 707 2,419 $3,126 $ 583 1,530 1,013 $3,126 2019 $ 939 1,926 $2,865 $ 836 997 1,032 $2,865 2018 $ 793 1,725 $2,518 $ 724 870 924 $2,518 points eBook Print 2019 WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 Income statement...
References Carlin Company has total assets of $1,000,000, liabilities of $400,000, and equity of $600,000. What...
References Carlin Company has total assets of $1,000,000, liabilities of $400,000, and equity of $600,000. What is the debt uU (UL whole percent)? 250 167 60% 40°
The accounting records of Nettle Distribution show the following assets and liabilities as of December 31,...
The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017 December 31 2016 2017 43,516 $6,595 18,519 2,729 114,379 121,835 53,758 0 149,204 37,233 30,800 86,437 Cash Accounts receivable 23,621 3,726 Office supplies Office equipment Trucks Building Land Accounts payable Note payable 44,758 62,100 NETTLE DISTRIBUTION Balance Sheet December 31, 2016 Assets Liabilities Equity Total equity Total assets 0 Total liabilities and equity NETTLE DISTRIBUTION Balance Sheet December 31, 2016 Assets...
A company’s balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets...
A company’s balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets of $1,000,000. What is the company’s debt to equity ratio?
As of December 31, Stoneland Company has assets of $3,500 and owner’s equity of $2,000. What...
As of December 31, Stoneland Company has assets of $3,500 and owner’s equity of $2,000. What are the liabilities for Stoneland Company as of December 31? $2,500 $2,000 $1,000 $1,500
On December 31, 2019, NEVER SAY DIE Company's current liabilities totaled P470,000 and noncurrent liabilities totaled...
On December 31, 2019, NEVER SAY DIE Company's current liabilities totaled P470,000 and noncurrent liabilities totaled P550,000. Working capital at December 31, 2019 is equal to P100,000. If the debt-to-equity ratio is 0.30 to 1, what was the amount of noncurrent assets?
The debt to equity ratio for the Puttoner Lodging Company was 2.10 at the end of...
The debt to equity ratio for the Puttoner Lodging Company was 2.10 at the end of 2015. If this company’s total liabilities were $45,000,000 at the end of 2015, what was the total owner’s equity for the Puttoner in 2015? Group of answer choices $21,428,571 $24,566,450 $18,900,230 $25,885,612
Durable Plastics Company had the following total assets, liabilities, and equity as of December 31. Total Assets Total Liabilities Total Equity $450,000 132,000 318,000 What is the company's debt ratio as of December 31? (Round your percentage answer to two decimal places.) O A. 100.00% O B. 29.33% O c. 41.51% OD. 70.67%
Barger Corporation has the following data as of December 31, 2018: $ Total Current Liabilities Total Current Assets 52,910 58,200 106,920 Total Stockholders' Equity Other Assets Property, Plant, and Equipment, Net $ ? 31,500 215,430 Long-term Liabilities Compute the debt to equity ratio at December 31, 2018. (Round your answer to two decimal places, X.XX.) Debt to equity ratio
December 31, 2020, 2019, 2018 (in millions) Current assets Other assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity 2020 $ 707 2,419 $3,126 $ 583 1,530 1,013 $3,126 2019 $ 939 1,926 $2,865 $ 836 997 1,032 $2,865 2018 $ 793 1,725 $2,518 $ 724 870 924 $2,518 points eBook Print 2019 WIPER INC. Selected Income Statement and Other Data For the year Ended December 31, 2020 and 2019 (in millions) 2020 Income statement...
References Carlin Company has total assets of $1,000,000, liabilities of $400,000, and equity of $600,000. What is the debt uU (UL whole percent)? 250 167 60% 40°
The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017 December 31 2016 2017 43,516 $6,595 18,519 2,729 114,379 121,835 53,758 0 149,204 37,233 30,800 86,437 Cash Accounts receivable 23,621 3,726 Office supplies Office equipment Trucks Building Land Accounts payable Note payable 44,758 62,100 NETTLE DISTRIBUTION Balance Sheet December 31, 2016 Assets Liabilities Equity Total equity Total assets 0 Total liabilities and equity NETTLE DISTRIBUTION Balance Sheet December 31, 2016 Assets...
On December 31, 2019, NEVER SAY DIE Company's current liabilities totaled P470,000 and noncurrent liabilities totaled P550,000. Working capital at December 31, 2019 is equal to P100,000. If the debt-to-equity ratio is 0.30 to 1, what was the amount of noncurrent assets?
Most questions answered within 3 hours.
-
The average length of time between arrivals at a turnpike
toll-booth is 26 seconds. What is...
asked 1 hour ago -
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 2 hours ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 2 hours ago -
An empty test tube weighs 15.923 grams. Then,
MgCl2•6H2O is added into the test tube. After...
asked 2 hours ago -
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 2 hours ago -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 3 hours ago -
Under all the various types of market structures, firms
must eventually earn some economic profits for...
asked 2 hours ago -
Consider the following fitness regime for a single locus trait
with two co-dominant alleles: w11 =...
asked 3 hours ago -
A large cable company reports the following.
80% of its customers subscribe to its cable TV...
asked 3 hours ago -
Please answer the question in brief.
Discuss the role of ERP in organizations. Are ERP tools...
asked 3 hours ago -
Discuss the pros and cons of collaborative software such
as SameTime. Does it increase productivity? What...
asked 3 hours ago -
Buying your in-laws a gift because it’s expected is
due to the ____________ motive of gift-giving....
asked 3 hours ago