Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 2 Days Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Business & Finance Posted 16 May 2017 My Price 5.00

Debt Ratio Debt-to-Equity Ratio

Exercise 16-36  Debt Ratio, Debt-to-Equity Ratio

Busch Company’s balance sheet shows total liabilities of $510,900, total equity of $126,000, and total assets of $636,900.

Required:

Note: Round answers to two decimal places.

1.       Calculate the debt ratio.

2.       Calculate the debt-to-equity ratio.

3.       CONCEPTUAL CONNECTION Based on the ratios calculated in Requirements 1 and 2, comment on the riskiness of Busch’s financing decisions.

 

Sales

$11,300,000

Cost of goods sold

3,000,000

Gross margin

$  8,300,000

Operating expenses

3,800,000

Operating income

$  4,500,000

Interest expense

1,000,000

Income before taxes

$  3,500,000

Income taxes

1,400,000

Net income

$  2,100,000

 

Answers

Alpha Geek
(8)
Status NEW Posted 16 May 2017 07:05 AM My Price 5.00

-----------

Attachments

file 1494919086-Answer.docx preview (105 words )
E-----------xer-----------cis-----------e 1-----------6-3-----------6 Â----------- De-----------bt -----------Rat-----------io,----------- De-----------bt------------to------------Equ-----------ity----------- Ra-----------tio----------- B-----------usc-----------h C-----------omp-----------any-----------’-----------s b-----------ala-----------nce----------- sh-----------eet----------- sh-----------ows----------- to-----------tal----------- li-----------abi-----------lit-----------ies----------- of----------- $5-----------10,-----------900-----------, t-----------ota-----------l e-----------qui-----------ty -----------of -----------$12-----------6,0-----------00,----------- an-----------d t-----------ota-----------l a-----------sse-----------ts -----------of -----------$63-----------6,9-----------00.----------- R-----------equ-----------ire-----------d: ----------- No-----------te:----------- R-----------oun-----------d a-----------nsw-----------ers----------- to----------- tw-----------o d-----------eci-----------mal----------- pl-----------ace-----------s. ----------- 1.----------- Â----------- Â ----------- Â----------- Â ----------- Ca-----------lcu-----------lat-----------e t-----------he -----------deb-----------t r-----------ati-----------o. ----------- 2.----------- Â----------- Â ----------- Â----------- Â ----------- Ca-----------lcu-----------lat-----------e t-----------he -----------deb-----------t-t-----------o-e-----------qui-----------ty -----------rat-----------io.----------- 3-----------. ----------- Â----------- Â ----------- Â----------- Â -----------CON-----------CEP-----------TUA-----------L C-----------ONN-----------ECT-----------ION----------- Ba-----------sed----------- on----------- th-----------e r-----------ati-----------os -----------cal-----------cul-----------ate-----------d i-----------n R-----------equ-----------ire-----------men-----------ts -----------1 a-----------nd -----------2, -----------com-----------men-----------t o-----------n
Not Rated(0)