A company has total liabilities of $677,000 and total equity of $532,000. What is the debt-to-equity ratio? 1. 1.27 2. 0.75 3. 1.08 4. 1.54

Q: Please give me answer general accounting question

A: Step 1: Define Purchase BudgetThe purchase budget is the forecasted plan for buying the direct…

Q: Don't use ai given answer accounting questions

A: Step 1: Definition of Noncurrent AssetsNoncurrent assets are long-term assets that a company expects…

Q: I don't need ai answer accounting questions

A: Step 1: Definition of Capital Gains TaxCapital gains tax is the tax levied on the profit from the…

Q: What is ROA? Accounting question

A: Explanation of Net Income:Net income is the total earnings of a company after deducting all…

Q: What is the absorption costing unit product cost for the month??

A: Step 1: Define Absorption CostingAbsorption costing is another name for the full cost method. A…

Q: A company has a net income of $790,000 and 55,300 outstanding shares. What is the earnings per…

A: The formula for Earnings Per Share (EPS) is:EPS=Net Income/Outstanding Shares Substitute the given…

Q: Provide correct answer general accounting

A: Step 1: First, calculate the total increase in owners' equity: Increase in total assets = Increase…

Q: The following information is available for... Please provide answer the accounting question

A: Step 1: Identify the Return on Equity (ROE) Formula Step 2: Calculate Average Stockholders' Equity…

Q: What is the standard time

A: The standard time is calculated by adjusting the normal time with the allowance factor using the…

Q: Bay manufacturing started production solve this accounting questions

A: Step 1: Definition of Cost per Equivalent Unit for Conversion CostsThe cost per equivalent unit for…

Q: Hi expert provide correct answer general accounting

A: Step 1: Calculate the Fair Value of Net Assets AcquiredStart with the fair value of the…

Q: The ledger of American Company has the following work in process account. Work in Process-Painting…

A: Step 1: Information GivenBeginning Work in Process (WIP): 570 units, 30% completeMaterials cost:…

Q: What is the amount of the check for this accounting question?

A: Step 1: Define Credit Terms and DiscountCredit terms, such as 3/15, n/45, mean the buyer can take a…

Q: None

A: Conversion Cycle = Days Inventory Outstanding + Days Sales Outstanding − Payables…

Q: Which of the following is not a correct form of the accounting equation? a. Assets equals…

A: The correct answer is:b. Assets + Stockholders' equity equals Liabilities. The Fundamental…

Q: Equity in the business must have?

A: Given the scenario where the assets of a business increased by $89,000 and its liabilities increased…

Q: Hello tutor please provide this question solution

A: Step 1: Definition of Lower of Cost or Market (LCM)The Lower of Cost or Market (LCM) principle is an…

Q: At the beginning of the year, Addison Company's assets are $236,000 and its equity is $177,000.…

A: To determine the equity at year-end, we use the basic accounting equation:…

Q: Provide given answer

A: Step 1: 1. The net income is calculated as follows: Net income = Revenues - Expenses…

Q: MCQ

A: Concept of Intangible Assets:Intangible assets are non-physical resources that provide long-term…

Q: I want answer to 3 parts

A: Part(a): Predetermined Overhead Rate, when the Company uses Direct Labor hoursPredetermined Overhead…

Q: Subject: Financial Accounting A company has the following information: 1) Net sales: $2,54,000 2)…

A: Step 1: Formula Earnings per share = Net income/Outstanding shares  Step 2: Net income Net income =…

Q: Correct Answer

A: Explanation of Accounts Receivable:Accounts receivable refers to the amounts owed by customers to a…

Q: Do fast answer of this accounting questions

A: Step 1: Definition of Maturity ValueThe maturity value of a note payable is the total amount that…

Q: I need Solution

A: Concept of Stockholders' EquityStockholders' Equity represents the owners' residual interest in a…

Q: Need help with this general accounting question

A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL) is…

Q: A company has sales of $389,000 and cost of goods sold of $174,000. What is the gross profit margin?…

A: Concept of Gross Profit: Gross Profit is the financial gain a company makes after deducting the cost…

Q: Cool waters total liabilities are?

A: Explanation of Assets:Assets are resources owned by a company that have economic value and are…

Q: What is the maturity value of the note as of January 1??

A: Step 1: Definition of Maturity ValueThe maturity value of a note payable is the total amount due on…

Q: Hello teacher please help me this question

A: Let's give it a try. To provide precise answer, I believe further reference is necessary, but I will…

Q: what amount and direction during that same period?

A: we know that Total assets = stock holders Equity+ total liabilities Given that total liabilities…

Q: I want to this question answer general Accounting

A: The P/E ratio (Price-to-Earnings ratio) is calculated as:P/E Ratio = Price per Share / Earnings per…

Q: Please provide solution this accounting question

A: Step 1: Define Outstanding SharesOutstanding shares are the shares of a company currently held by…

Q: What is the total amount of property??

A: Step 1: Definition of Property, Plant, and Equipment (PPE)Property, Plant, and Equipment (PPE)…

Q: what would net income be if the company used variable costing?

A: The question requires us to calculate net income under variable costing given that net income under…

Q: Total Product Costs $_____

A: To calculate the total product costs for Montana Company under variable costing, it is important to…

Q: Prepare its income statement for the year under variable costing.

A: Step 1: First calculate the variable product cost per unit is calculated as follows: Variable…

Q: Right Answer

A: Explanation: Stockholders' equity refers to the value held by investors which is calculated by…

Q: A company has a net income

A: Concept of Net Income: Net income is the total profit a company earns after deducting all expenses,…

Q: I don't need ai answer general accounting question

A: Step 1: Definition of Current LiabilitiesCurrent liabilities are obligations that are expected to be…

Q: Please provide this question solution general accounting

A: Step 1: Definition of Cost Per Equivalent Unit (Weighted-Average Method)The cost per equivalent unit…

Q: All purchases and also sales were made with cash ?

A: Concept of FIFO (First-In, First-Out):FIFO is an inventory valuation method where the oldest…

Q: Required: both answer

A: Explanation of Total Manufacturing Cost:Total manufacturing cost represents the combined costs of…

Q: The gross profit margin? Please provide answer for below financial accounting question

A: Explanation of Sales:Sales refer to the total revenue generated by a business from selling goods or…

Q: Hello tutor provide correct answer general Accounting

A: Step 1: Define Cost of Goods SoldThe cost of goods sold is the sum of all direct expenses incurred…

Q: Besse, Ltd. manufactures a single product that had the following cost structure this year: Variable…

A: Step 1: Understand Variable CostingUnder variable costing, only the variable manufacturing costs are…

Q: Do fast answer of this general accounting question

A: Step 1: Define Asset DisposalA company can sell its fixed asset after it is fully utilized or even…

Q: 4 MARKS

A: Concept of Liabilities: Liabilities are financial obligations or debts a company owes to external…

Q: General Accounting Question please provide correct solution

A: Step 1: Define Return on Common Stock Equity (ROE)Return on Common Stock Equity (ROE) measures a…

Q: Calculate roe solve this accounting questions

A: Step 1: Definitions of Total Assets Turnover:Total Assets Turnover is a financial ratio that…