The ratio that measures a company's success in using its assets to earn income for the persons who finance the business is the:

a. debt ratio.

b. timesminus-interestminus-earned ratio.

c. leverage.

d. rate of return on total assets.

Definition of average daily balance

Suppose the Fed bought $150 million of U. S. securities from the public. The reserve requirement is 20 percent, and there are no initial excess reserves.

If the marginal propensity to consume is. 80 and both taxes and government purchases increase by $50 billion, real gdp will

Victor Company issued bonds with a $450,000 face value and a 6% stated rate of interest on January 1, Year 1. The bonds carried a 5-year term and sold for 95. Victor uses the straight-line method of amortization.

Lani's generated net income of $911, depreciation expense was $47, and dividends paid were $25. Accounts payables increased by $15, accounts receivables increased by $28, inventory decreased by $14, and net fixed assets decreased by $8.

Packer Co.'s year 5 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 5 data are provided: Rent received in advance $22,000 Income from exempt

What is accounting theory

Most companies receiving a claim message tend to a. ignore the first phone call, e-mail, or letter. b. respond only to letters containing complaints that could result in lawsuits or financial harm. c.

The demand curve of a monopolistically competitive firm A. is perfectly elastic. B. is horizontal because the firm must cut its price to sell more. C. is downwardminus-sloping because it sells an identical product. D.

Scott Company had sales of $12,050,000 and related cost of goods sold of $7,100,000 for the year ending December 31, 20Y8. Scott provides customers a refund for any returned or damaged merchandise.