Tiggies Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2021. If
Question:
Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2021. If the firm’s total debt at year-end was $25 million, how much equity does Tiggie’s have on its balance sheet?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Debttoequity Total ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Finance Applications And Theory
ISBN: 9781260013986
5th Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
Question Posted:
Students also viewed these Business questions
-
1. Based on the information provided in the case below, what is the key strategic goal for Tim Hortons as of August 2014? It would be a year of dramatic change for Tim Hortons Inc. On August 26,...
-
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
-
A vertical analysis is best used to make comparisons between multiple companies. true False In vertical analysis of the income statement, we usually express each income statement item as a percentage...
-
A PLC is used to count the number of cans traveling by on a conveyor belt in a fish canning factory. An optical proximity switch detects the passage of each can, sending a discrete (on/off) signal to...
-
At the end of a very mild winter, Alaska Apparel, Inc., has enough raw materials to produce 1,000 coats, and the materials can be used only for coats. The material is very sensitive and will not be...
-
Liu Jiqin has owned and operated a proprietorship for several years. On January 1, he decides to terminate this business and become a partner in the firm of Feng and Jiqin. Jiqin's investment in the...
-
Repairs In how many orders can three broken computers and two broken printers be repaired if (a) there are no restrictions, (b) the printers must be repaired first, and (c) the computers must be...
-
Lubbock Corporation acquires machinery from South Company in exchange for a $20,000 noninterest- bearing, 5-year note on June 30, 2013. The note is due on June 30, 2018. The machinery has a fair...
-
Question No. 18_Consider a piece of equipment that costs $25,000 and has an estimated useful life of 8 years and a $0 salvage value. To calculate the sum-of-the-years-digits depreciation, set up a...
-
Maggies Skunk Removal Corp.s 2021 income statement listed net sales = $12.5 million, gross profit of $6.9 million, EBIT = $5.6 million, net income available to common stockholders = $3.2 million, and...
-
Mr. Huskers Tuxedos Corp. ended the year 2021 with an average collection period of 32 days. The firms credit sales for 2021 were $56.1 million. What is the year-end 2021 balance in accounts...
-
Q1. The total amount of financing received from shareholders since incorporation is ____________ million and is generally referred to as ____________. Common stock of the Coca-Cola Company was...
-
Solve (c) 8 WI n=1 5 cos n N5
-
- Pierce Company reported net income of $160,000 with income tax expense of $19,000 for 2020. Depreciation recorded on buildings and equipment amounted to $80,000 for the year. Balances of the...
-
ABC Company had the following results as of 12/31/2020: ABC's hurdle rate is 10% CONTROLLABLE REVENUE CONTROLLABLE COST CONTROLLABLE ASSETS CONTROLLABLE INCOME 21. What is the division's margin? A....
-
A gray kangaroo can bound across a flat stretch of ground with each jump carrying it 10 m from the takeoff point. If the kangaroo leaves the ground at a 20 angle, what are its (a) takeoff speed and...
-
Since 1900, many new theories in physics have changed the way that physicists view the world. Create a presentation that will explain to middle school students why Quantum Mechanics is important, how...
-
For each of the following relations on the set specified, determine whether the relation is reflexive, symmetric, antisymmetric, or transitive. Also determine whether it is a partial order or an...
-
Big Jim Company sponsored a picnic for employees and purchased a propane grill equipped with a standard-sized propane tank for the picnic. To make sure there was enough propane for all the cooking...
-
A loan is offered with monthly payments and a 10 percent APR. Whats the loans effective annual rate (EAR)?
-
A loan is offered with monthly payments and a 13 percent APR. Whats the loans effective annual rate (EAR)?
-
Payday loans are very short-term loans that charge very high interest rates. You can borrow $500 today and repay $590 in two weeks. What is the compounded annual rate implied by this 18 percent rate...
-
Fig 1. Rolling a 4 on a D4 A four sided die (D4), shaped like a pyramid (or tetrahedron), has 4 flat surfaces opposite four corner points. A number (1, 2, 3, or 4) appears close to the edge of each...
-
I just need help with question #4 please! Thank you! Windsor Manufacturing uses MRP to schedule its production. Below is the Bill of Material (BOM) for Product A. The quantity needed of the part...
-
(25) Suppose that we have an economy consisting of two farmers, Cornelius and Wheaton, who unsurprisingly farm corn c and wheat w, respectively. Assume that both farmers produce their crop of choice...
Study smarter with the SolutionInn App