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Author Question: McCartney's Electrical Contracting Inc has assets of 256,210 and liabilities of 112,045. Calculate ... (Read 34 times)

londonang

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on: Jun 24, 2018
McCartney's Electrical Contracting Inc has assets of 256,210 and liabilities of 112,045. Calculate the debt-to-assets ratio.

Question 2

Ronald earned 940 in his last bonus. However, due to current economic conditions the company has decided to payout only 38 of the original amount. How much will Ronald receive for his bonus?


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leeeep

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Reply #1 on: Jun 24, 2018
Answer to Question 1

0.44:1

Answer to Question 2

357.2


londonang

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

okolip

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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