XYZ Corp. has assets with a market value of $500 million, including $80 million in cash. The company has debt outstanding with a market value of $200 million and 25 million shares outstanding. Assuming perfect capital markets, if the company distributes the $80 million in cash as a dividend, what will its debt-to-equity ratio be after the dividend payment?

Determine Cash basis net income

A company provides the following data from its activity- based costing system: • Designing products: Total cost = $420,000, Total activity 7,000 product design hours = • Setting up batches: Total cost = $60,000, Total activity 8,000 batch set-ups • Assembling products: Total cost = $30,000, Total activity 5,000 assembly hours What is the activity rate for the "designing products" activity cost pool?