Profit margin is $2 per taco
Given average price is $5 , cost of taco is $3 .
Profit margin is to be computed.
Profit margin measures how much money a firm or business activity produces by dividing income by revenues. Profit margin is generally expressed as a percentage, it represents how many cents of the profit are earned for every dollar of the sales.
Profit margin expresses a firm's or commercial activity's relative profitability by accounting for the expenses of producing and selling items. A profit margin is a measure of a company's earnings (or profits) relative to its sales in accounting and finance.
Profit margin = Profit per taco = Price - Cost of producing each taco
= 5 - 3
= $2 per taco.
Therefore, the profit margin is $2 per taco.
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The concept of ________ explains how trade between two countries can make each better off.
The concept of comparative advantage explains how trade between two countries can make each better off.
The concept of comparative advantage suggests that countries will engage in trade with one another, exporting the goods that they have a relative advantage in.
Comparative advantage lead to gains from trade as countries and people have different costs of production, so they can take advantage of their differences in order to make themselves better off. Thus, when they do this, they experience gains from trade.
Hence, comparative advantage shows that trade can be beneficial to both trading partners and can make each better off.
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Core inflation is ______. the fed focuses on core inflation more heavily than overall inflation because core inflation ______.
Core inflation calculated using the PCE deflator excluding the prices of Food and fuel the fed focuses on core inflation more heavily than overall inflation because it is less volatile than the total CPI inflation rate.
Core inflation, which excludes expenses from the food and energy sectors, is the change in prices for products and services. These goods aren't included in our inflation metric since their costs fluctuate a lot more. Most frequently, the consumer price index (CPI), a gauge of prices for goods and services, is used to compute it. The outliers technique, which eliminates the items with the biggest price fluctuations, is one of the other ways to calculate core inflation. A good indication of underlying long-term inflation is core inflation.
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Marshall is a purchasing agent for DigitoolArt Corporation. His duties require him to negotiate and execute contracts to purchase office supplies and equipment for the corporation. Assume that Bronson, a computer sales representative, pays Marshall a $20,000 kickback to purchase from him computers needed by DigitoolArt Corporation. What breach of the duty of loyalty has Marshall committed here
Making a secret profit is the breach of loyalty that Marshall can be said to have committed here.
What is a breach of loyalty?
This is the term that is used to refer to the fact that in a business arrangement one of the parties has done something that would not be beneficial to the other party as they seek to act or carry out the business that would favor them.
The breach that can be seen here is from the fact that the business was conducted without the agency that Marshall is working for. He acted outside of the Company's knowledge.
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Select the correct answer. cameron purchased an electric guitar for $1,875. the value of the guitar depreciates by 20% each year. in how many years will the guitar be valued at $768?
The number of years it will take for the guitar to be valued at $768 given the initial value and the rate of depreciation is four years.
In how many years will the guitar be valued at $768?
When an asset depreciates,it means that with the passage of time, the value of he asset declines.
Number of years = (In FV / PV)/r
FV= future value = 768
PV = present value = 1875
r = rate of depreciation =20
(In 768 / 1875) / 0.2 = 4 years
What is the rate of depreciation?
Depretiation is the systematic allocation of the depreciable amount of an asset over its useful life.
The depreciable amount of an asset is the cost of an asset or other amount substituted for cost, less its residual value.
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Why do managers, who have been promoted from the flight line, have such a difficult time performing in their new management role?
The managers, who have been promoted from the flight line, have such a difficult time performing in their new management role because "early in their careers, new aviation managers concentrated on honing their piloting abilities."
Who is aviation manager?The division in charge of planning operations at such an airport, airline, or other aviation-related businesses is known as aviation management. Customers service, aviation maintenance, flight logistics, and airline marketing are just a few of the specialties of industry experts.
Some roles of aviation manager are-
ensuring that the business operates safely and effectively ensuring that the flight schedules are followedmonitoring inspection schedules and operations, keeping records of aircraft maintenancemonitoring and verifying compliance with legal and statutory requirementshiring and firing personnel helping the repair and maintenance team with flight preparation going through and evaluating aircraft accident reportskeeping abreast with the newest aviation regulations, rules, standards, and lawscoordinating closely with emergency crews to keep an eye on the weather and foresee any problems with aviation operationsidentifying issues with airline or airport servicesidentifying areas for improvement and creating a plan of action to improve efficiencyTo know more about aviation administration, here
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Suppose a consumption function is given as c = $500 0.75yd. the marginal propensity to consume is:_______.
Suppose a consumption function is given as c = $500 0.75yd. the marginal propensity to consume is 0.75
The link between consumer spending and the different factors influencing it is known as the consumption function in economics. At the level of the household or family, these variables may include wealth, interest rates, age, education, and family size. They may also include expectations about the level and riskiness of future wealth or income.
The consumer's preferences (such as their ability to delay gratification or their patience), attitude toward risk, and whether they want to leave a bequest all have an impact on how they purchase. Numerous macroeconomic and microeconomic concerns depend on the peculiarities of consumption functions.
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When agent jane meets with her sellers to offer suggestions, she most likely would not give them:_________
When Agent Jane meets with her salespeople to offer suggestions, she probably wouldn't mind being home during showings.
How to make effective sales?It is essential that the salesperson is attentive to the needs of his potential client, developing his communication skills to achieve a good negotiation. The seller needs to be attentive to the customers' questions, providing extra information about the products and their benefits.
An effective salesperson is one who knows how to listen to the customer and knows how to negotiate, providing solutions for possible counterpoints and showing empathy and cordiality through his service.
Therefore, the role of the sales agent is to lead salespeople with positive instructions so that they can reach their customers through product demonstrations, quality service during the sale and after the sale.
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What is the sharpe ratio (reward-to-variability) of the cal line that joins the risk-free asset and optimal risky asset p?
In finance, the Sharpe ratio (also known as the Sharpe index, Sharpe measure, or reward-to-volatility ratio) measures the performance of an investment, such as a security or portfolio, compared to a risk-adjusted, risk-free asset. It is defined as the difference between the investment return and the risk-free return divided by the standard deviation of the investment return. It represents the additional return an investor receives for each unit of increased risk.
A Sharpe ratio of 1 is considered good, 2 is considered excellent, and 3 is considered very good. As a guideline, a ratio of 1 or higher is considered good, 2 or higher is very good, and 3 or higher is excellent.
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The manager of a supermarket would like to know which of several quality problems to address a tool that would be most helpful would be a: _________
The manager of a supermarket would like to know which of several quality problems to address a tool that would be most helpful would be a Pareto chart.
A Pareto chart is a form of a graph with both bars and a line graph, where the bars reflect individual values in descending order and the line the cumulative total. The chart is called after the Pareto principle, which takes its name from renowned Italian economist Vilfredo Pareto.
The Pareto chart's goal is to draw attention to the most significant among a group of (usually several) components. Pareto charts can be used in quality control to identify the flaws that need to be fixed first in order to see the biggest overall improvement.
It frequently reflects the most frequent causes of faults, the most prevalent kind of defect, the most common causes of customer complaints, and so forth. For each bar in the Pareto chart, Wilkinson (2006) developed a method that generates statistically based acceptability limits (akin to confidence intervals).
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The starch classification that consists of the percentage of people who remembered having previously seen the advertisement in the issue being studied is known as?
The starch classification that consists of the percentage of people who remembered having previously seen the advertisement in the issue being studied is known as copy testing.
Definition: Copy testing is a comprehensive approach used in market research to test the effectiveness of advertising based on pre-broadcast responses. This form of pre-testing helps companies understand if their ads are delivering a strong enough message. Direct-to-customer sales – Example: B. A car salesman meeting a customer at a company's dealership. Point of sale display (POS) trade show advertising. Package design that encourages purchase.
Pretesting, also known as copy testing, measures audience interest, brand relevance, motivation, and entertainment, analyzes communication, and the attention and emotional flow of advertisements.
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When making good decisions, you must _____ before you select the best alternative.
When making good decisions, you must define the problem and explore alternatives before you select the best alternative.
Things to remember while making good decisions:They must make a decision between these two contestants. The act or process of determining; determination, as of an issue or doubt, by making a judgment: the act or need of making a decision.Things to remember while making good decisions:
Define the problem and explore alternatives.Don't let stress get the best of you.Allow yourself some time (if possible).Consider the advantages and disadvantages.Consider your objectives and values.Consider all of your options.Discuss it.Keep a journal.Plan how you will inform others.Reconsider your options.Therefore, when making good decisions, you must define the problem and explore alternatives before you select the best alternative.
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Based on what you see in the maps, how might shifts in the census, and thus the electoral college, affect presidential races. for instance, what if more citizens from the northeast move to states in the south, such as texas?
It allows the electorate to create the final decision.
What is general election system?
A general election stands as a political voting election where naturally all or most members of a provided political body are chosen. These exist usually held for a nation, state, or territory's primary legislative body, and are diverse from by-elections (only one electorate belongs to the election).
The president of the united states stands voted into office by two systems. The first one stands for the general election system. This is the system that uses the public opinion of the presidential candidates. The presidential candidate exists voted using a secret ballot. The results stand tallied and the presidential candidate with the highest numeral of votes is declared. In the electoral college, a special class specifies the president and votes for the candidate. Despite the outcome of the famous ballot vote, the electoral college exists the final decision.
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Answer: If people move away from a region that is typically Democratic, such as the Northeast, to a region that is typically Republican, such as the South, it will affect how many electoral votes each state has. Because most states use a winner-take-all system to allocate Electoral College votes, this may mean that Republicans will be able to rely on more electoral votes as a baseline of support. Over a longer timeframe, if enough Democratic-leaning voters move from the Northeast to the South, it could turn some of the safe Republican states in the South to swing states that Democratic candidates could win.
Explanation: Edmentum Answer
What is the exact yield to maturity for the following $1,000 semi-annual bond, with 10 years to maturity, 6 percent coupon rate, current price is $950.
The exact yield to maturity is 6.67% and 6.694%
How to compute the approximate to maturity?Yield to maturity (YTM) stands for the total rate of return that will have been acquired by a bond when it makes all interest payments and repays the original principal. YTM exists a bond's internal rate of return (IRR) if held to maturity.
The computation of the approximate yield to maturity and the exact yield to maturity exist given below:
For Approximate yield to maturity it exits
= 2 × ((Face value - current price) ÷ (2 × time period) + face value × coupon rate ÷ 2) ÷ (Face value + current price) ÷ 2)
=2 × (($1,000 - $950) ÷ (2 × 10) + $1,000 × 6% ÷ 2) ÷ (($1,000 + $950) ÷ 2)
= 6.67%
Now
The Exact yield to maturity is
= RATE(NPER,PMT,-PV,FV)
= Rate(10 × 2, 6% × $1000 ÷ 2,-$950,$1,000) × 2
= 6.694%
The complete question is,
What is the approximate yield to maturity and the exact yield to maturity (use a calculator) for the $1,000 semi-annual bond? Assume this is issued in the United States: 10 years to maturity, 6 percent coupon rate, current price is $950.
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Kennedy’s alliance of progress program provided $25 billion in aid to countries in _____
Kennedy’s alliance of progress program provided $25 billion in aid to countries in Latin America. The 10-year, multibillion-dollar aid program for Latin America is proposed by President John F. Kennedy. The Alliance for Progress program, as it eventually became called, was created to repair the gravely deteriorating U.S. relations with Latin America in recent years.
A fleeting PR victory was gained by the Alliance for Progress. It also saw some genuine though modest economic advancements. However, the initiative was widely seen as a failure by the early 1970s. President John F. Kennedy announced it in 1961 with the intention of promoting social fairness and economic development in Latin America.
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If the adjustment for prepaid expenses is not recorded:____.
a. net income will be overstated.
b. expenses will be overstated.
c. assets will be understated.
d. net income will be correctly stated.
If the adjustment for prepaid expenses is not recorded expenses will be overstated.
An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or other category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost.
a: Financial Charges or Expenses: Monuments are erected at own expense.
b: Offset of operating expenses against revenue for a specified period.
c: Expended to secure superiority or achieve results.
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An automotive insurance company has 30,000 policyholders, and the accident rate is 0.06. if the company needs to make a profit of $1,740,000 this year and the payout for each claim (after deductibles) is $8,200, the minimum premium it must charge is $ . the company’s financial advisers have predicted that in the upcoming year, the accident rate will increase by 5% of the base rate and the number of policyholders will increase by 12%. if the company’s profit needs and the payout for each claim remain the same, the minimum premium should increase by $
$550 is the minimum premium payment.
The bare minimum premium went up by $18.4
Policyholders are 30,000
Rate of accidents: 0.06
Accidental deaths = 30,000*0.06 = 1800
If this year's required profit for the business is $1,740,000 and the payout for each claim (after deductibles) is $8,200
Total compensation equals each claim's payout times the number of claims.
Total compensation: 8200 × 1800, = $14,760,000
Total minimum premium now equals total payout plus profit.
= $ 14,760,000+ $1,740,000
= $ 16,500,000.
Total minimum premium / the number of policyholders equals the minimum premium charge.
= $ 16,500,000 ÷ 30,000
= $550
Thus the minimum premium charge = $550
The accident rate will rise by 5%, or 1.05, in this case.
Add this rate to the prior accident rate.
0.06 × 1.05 = 0.063
Rate of accidents: 0.063
The number of policyholders will rise by 1.12 times (12%).
30,000*1.12 = 33600
Accident total = 33600*0.063 = 2116.8
Total payout = each claim's payout × Amount of complaints
8200 × 2116.8 = $ 17357760
Minimum total premium equals total payout plus profit
= $ 17357760 + $ 1,740,000 = $19,097,760
Total minimum premium / the number of policyholders equals the minimum premium charge.
$ 19,097,760 / 33600 is the minimum premium fee.
568.4 - 550
= 18.4 $
The minimum premium increased by $18.4
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The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies ______.
The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies must change price levels before they change output levels.
Option D. must change price levels before they change output levels.
This is because capital, including assets such as buildings and machinery, takes time to turn over. Wages are assumed to be constant in the short run, so an increase in labor leads only to an increase in quantity, not an increase in price. Therefore, the SRAS curve is almost horizontal at this stage.
The short-run aggregate supply curve (SRAS) gives us an idea of how all firms in the economy react to price stability. When prices stagnate, the SRAS curve slopes. The SRAS curve shows that the higher the price level, the higher the output.
The short-run aggregate supply curve is more useful than the curves for other time horizons because real-world economies ______.
Multiple choice question.
typically change price levels and output levels simultaneously
seldom change output levels or price levels
must change output levels before they change price levels
must change price levels before they change output levels
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Suppose a bookie will give you $2 for every $1 you risk if you pick the winners in three games of a sport on a parlay card. thus, for every $1 bet, you will either lose $1 or gain $1. what is the bookie's expected earnings per dollar wagered
$10 is the bookie's expected earnings per dollar wagered
What is earnings per dollar?The price-to-earnings ratio, in essence, reflects the amount of money an investor may expect to invest in a firm in order to obtain $1 of that company's earnings. This is why the P/E ratio is also known as the price multiple, as it indicates how much investors are ready to pay each dollar of earnings.
Analysts want to see a lower number for the Price-to-Sales Ratio. A ratio less than one shows that investors are investing less than $1 for every $1 in revenue earned by the company.
The formula for determining a stock's price-earnings ratio is straightforward: the market value per share divided by earnings per share (EPS).
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The blank______ presentation format assumes that given the right suggestion by a salesperson, the prospect will buy.'
The stimulus response presentation format assumes that given the right suggestion by a salesperson, the prospect will buy.'
What is a stimulus response presentation?
A method of selling that depends on the salesperson's skill to say the correct thing (stimulus) in order to get the buyer to respond favorably (response).
What is the most important part in the sales presentation format?
The finest sales presentation includes a demo, data visualization, a customer narrative, and more. It's a huge undertaking that demonstrates the power of your offering. If done correctly, it will keep your prospects interested and encourage them to work with you.
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The situation in which one firm can produce the total output of the market at lower cost than several firms is called a a. pure monopoly. b. cost monopoly. c. ruling monopoly. d. natural monopoly
(D) Natural monopoly
The situation in which one firm can produce the total output of the market at lower cost than several firms is called a Natural monopoly.
There are many kinds of monopoly that exist in a particular market which are pure monopoly where only single seller is there with no competition.
Another kind of monopoly is the cost monopoly where the price is determined on the basis of the cost of the articles produced.
Ruling monopoly is another kind of monopoly which is greatest kind of monopoly in the competition only one produce rules and natural monopoly in which naturally the product is single selling.
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If the auditors discover that the carrying amount of a client’s investments is overstated because of a loss in value that is other than a temporary decline in market value, they should insist that?
The auditor should insist that the loss in the value of the investment be recognized in the financial statement. An independent auditor's review of a company's financial statements and related disclosures is known as a financial statement audit.
The auditor's report, which attests to the fairness of the financial statements' presentation and accompanying the disclosures, is the end result of this assessment. When the financial statements are distributed to the intended recipients, the auditor's report must be included as well. The goal of a financial statement audit is to increase the reliability of a company's reported financial status and performance.
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The pricing strategy in which one firm is allowed to establish the market price for all firms in the market is called?
The pricing strategy in which one firm is allowed to establish the market price for all firms in the market is called price leadership.
The strategy in which a firm is superior to all the other firms and decides the market price for all firms in the market is called the price leadership strategy. Price leadership occurs when a firm is able to exert enough influence in the market that it can efficiently decide the price of the products sold.
A monopoly implies specific ownership of a market by using a supplier of a product or a service for which there is no substitute. In this situation, the provider is able to decide the price of the product without worry of opposition from other sources or thru replacement products.
Monopoly power takes place while a company has a dominant function in the market. A pure monopoly is when one company has 100% of the market share. A company is probably considered to have monopoly energy with a greater than 25% market share.
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The most common measure of __________ is the spread between the number of stocks that advance in price and the number of stocks that decline in price.
The most common measure of market breadth is the spread between the number of stocks that advance in price and the number of stocks that decline in price. Market breadth is another method that indicates the company's gross value of the advancing company to that of the declining company.
What do you mean by market breadth?
Market breadth refers to how many stocks are participating in a given move in an index or on a stock exchange. An index may be rising yet more than half the stocks in the index are falling because a small number of stocks have such large gains that they drag the whole index higher.
What is the meaning of gross value?
Gross value added (GVA) is defined as output (at basic prices) minus intermediate consumption (at purchaser prices); it is the balancing item of the national accounts' production account. GVA can be broken down by industry and institutional.
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The labor/capital ratio in the capital-intensive industry is _____ the labor/capital ratio in the labor-intensive industry.
The labor/capital ratio in the capital-intensive industry is Sometimes lower than and sometimes greater than the labor/capital ratio in the labor-intensive industry.
Beacuse Capital intensive leads to an increase in operating and other maintenance costs whereas the labour intensive leads to optimum utilization of resources which reduces the production cost.
Intensive refers to the concentrated or strongly focused on a specific thing.
Labour means the work done by a group of workers or by a particular worker.
Utilization is a systematic approach to the process and use of resources to aide in the learning process
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What is the courtier about? group of answer choices advice on dating and marriage tips on the best business practices advice on how to behave and act in public advice on how to seize power
Courtier is about (C) advice on how to behave and act in public.
What is a Courtier?A courtier is someone who works at a monarch's or other royalty's royal court. The earliest historical examples of courtiers were members of monarchs' retinues. Historically, the court served as both the seat of government and the formal house of the monarch, and social and political life were frequently intertwined.Courtiers were required to adhere to rigid decorum. Meticulous rules set the order of precedence and specified who might approach the Court's most important figures, as well as where and when they could do so. Body language and verbal manners were also governed by rigid regulations that varied slightly depending on the situation.Courtier refers to advice on how to act and behave in public.Therefore, courtier is about (C) advice on how to behave and act in public.
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The correct question:
What is the courtier about? Group of answer choices
(A) Advice on dating and marriage.
(B) Tips on the best business practices.
(C) Advice on how to behave and act in public .
(D) Advice on how to seize power.
To measure the strength of a currency, you can
measure the face value against what other
value?
A. market
B. intrinsic
C. foreign
If the economy is currently producing at point c, what is the opportunity cost of moving to point b? 10 thousand wrenches
The economy is currently producing at point c, 10 Thousand wrenches are the opportunity cost of moving to point b.
At point C. It produces 10 thousand hammers and 40 thousand wrenches. If we move to point B, it will produce 23 thousand hammers and 30 thousand wrenches.
So to produce13 thousand additional hammers, the production of wrenches should be cut by 10 thousand. It is the opportunity cost of producing extra 13 thousand hammers.
Economics is defined as the management of financial matters in communities, businesses, or families. An example of an economy is the US stock exchange system. Careful use of assets, resources, etc. Reduce waste through careful planning and use. economical or frugal use.
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Siblings, Inc., is expected to maintain a constant 6.4 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 4.3 percent, what is the required return on the company's stock
Siblings, Inc., is expected to maintain a constant 6.4 percent growth rate in its dividends, indefinitely. If the company has a dividend yield of 4.3 percent, what is the required return on the company's stock is 10.7 %.
What is Company?
The legal organization that conducts business is referred to as a "company." According to business law, the company will be the registrar. The task is being carried out by the business. It has a complicated organizational structure.
The term will be given are:
Dividend yield = 4.3 %
Growth rate = 6.4 %
Required rate of return = ?
Required rate of return = Dividend yield + growth rate
Required rate of return = Dividend yield (4.3 %) + growth rate ( 6.4 %)
Required rate of return = 10.7%.
Therefore, the correct answer is 10.7%.
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Jack corporation has a profit margin of 9. 70 percent, total asset turnover of 1. 51, and roe of 18. 59 percent. what is the firm's debt-equity ratio?
The firm's debt-equity ratio is [tex]26.9 \%[/tex].
Debt-equity ratio:
The debt-equity ratio serves as a gauge for how equally creditors and owners or shareholders contributed to the capital used by the company. The debt-equity ratio is the simple ratio of all long-term debt and equity capital in the company.
The phrase debt ratio refers to a financial ratio that assesses how much leverage a business has. The ratio of total debt to total assets, represented as a decimal or percentage, is known as the debt ratio. The percentage of a company's assets that are financed by debt is one way to understand it.
Debt-equity ratio = Equity multiplier [tex]$-1$[/tex]
As per Dupont analysis:
Return on equity = Profit margin ×Total assets turnover × Equity multiplier [tex]$0.1859=0.097 * 1.51 *$[/tex] Equity multiplier
Equity multiplier [tex]$=0.1859 / 0.14647=1.269$[/tex] (Approximately)
On substituting Equity multiplier [tex]1.269[/tex], we get
Debt-equity ratio [tex]$=1.269-1=0.269$[/tex]
Therefore, debt-equity ratio[tex]$=26.9 \%$[/tex]
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As their overseas operations have increased in importance, larger multinationals have felt the need to?
Companies have felt the need to: A. eliminate the international division as their overseas operations have grown in importance. The overseas operations are defined as any a flying operation conducted from any point on the North American continent to any landing point more than the four hundred and thirty-five nautical miles outside the boundary.
The North American continent; or any flying operation conducted between any points more than the four hundred and thirty-five nautical miles outside such boundary; and any other flying operations not now included herein that may be mutually agreed upon between the Company and such other parties.
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