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Use All-Star Health's Balance Sheet to determine the company's debt ratio. Balance Sheets 2019 2018 Assets Cash $ 45,000 $ 52,000 Accounts receivable 458,000 401,000
Use All-Star Health's Balance Sheet to determine the company's debt ratio. Balance Sheets 2019 2018 Assets Cash $ 45,000 $ 52,000 Accounts receivable 458,000 401,000 Inventories _765,200 701,300 Total current assets $1,268,200 $1,154,300 Gross fixed assets 527,000 491,000 Less accumulated depreciation 166,200 146,200 Net fixed assets $ 360,800 $ 344,800 Total assets $1,629,000 $1,499, 100 Liabilities and Equity Accounts payable $ 175,200 $ 145,600 Notes payable 225,000 230,300 Accruals 140,000 136,000 Total current liabilities $ 540,200 $ 511,900 Long-term debt 424,612 323,432 Common stock (100,000 shares) 460,000 460,000 Retained earnings 204,188 203,768 Total equity $ 664,188 $_663,768 Total liabilities and equity $1,629,000 $1,499, 100 A. 58.4% OB. 86.6% C. 59.2% D. 58.7% Question 6 2 points Save Answer To congratulate yourself for surviving FINA 3301 and graduating from DBU, you decide to purchase a car. The total cost of the car is $36,800. The dealership is offering you 4.3% interest for 72 months. You plan to use the $2500 you received from family for graduation as a down payment on the vehicle. What will the payment be on your new car? A. 607.32 B. 6,607.18 C. 580.79 D. 541.33 Question 7 Trading outstanding, previously owned shares of stock occurs in which of the following markets? A. Secondary market B. Primary market C. Electronic market D. Debt market
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