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Can someone explain to me how to do these? Test today Question 25 0 / 4.5 pts At the end of 2022, a company reported
Can someone explain to me how to do these? Test today
Question 25 0 / 4.5 pts At the end of 2022, a company reported the following: Total assets $350,000 Total liabilities 250,000 Total stockholders' equity 100,000 On Jan. 1, 2023, the company entered a 3-year lease for equipment. The present value of the lease payments was $60,000. What was the debt-to-equity ratio after the lease was recorded on Jan. 1, 2023? If necessary, round your answer to 2 decimal places (e.g., 5.6391 is rounded to 5.64). You Answered 2.5 Correct Answers 3.1 (with margin: 0) Question 40 0 / 4.5 pts You just won the Price Cup, awarded to the accounting student with the highest grade in the class, congratulations! The winner has a choice between receiving: Option 1) $200,000 today Option 2) $250,000 3 years from today Assuming a 6% discount/interest rate, what would you choose and why? (Round to the nearest dollar, if necessary.) You Answered Option 2 because the present value of Option 2, $668,253 is greater than $200,000. I have no idea. Are you sure I won the Price Cup? Correct Answer Option 2 because the present value of Option 2, $209,905, is greater than $200,000. o Option 2 because $250,000 is greater than $200,000
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