Business, 27.02.2020 20:07 janeou17xn

Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2018. If the firm’s total assets at year-end were $25 million. How much of their assets are financed with debt and how much with equity?

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Answer from: Sprout7430

The correct answer is: Tiggie’s Dog Toys, Inc. financed operations with $15,909,091 debt and $9,090,909 of equity.

Explanation:

The Debt-to-Equity (D/E) ratio is a measure of a company's financial leverage. It is calculated by dividing the company's total liabilities with the shareholder's equity considering that the sum of both items equals the company's assets. Higher risk entities tend to have a high debt-to-equity ratio.

In the case:

$D/E = \frac{Total Liabilities}{Total Shareholders' Equity}$ Total Assets = Total Liabilities + Total Shareholder's Equity

Then, if:

Total Liabilities = xTotal Shareholder's Equity = y $D/E = \frac{x}{y}$ ...(I)Total Assets = x + y ...(II)

So, in (II):

25,000,000 = x + y25,000,000 - y = x ...(III)

(III) in (I):

$1.75 = \frac{(25,000,000-y)}{y}$ (1.75)y = 25,000,000 - y(2.75)y = 25,000,000y = 9,090,909

Thus, in (II):

25,000,000 = x + 9,090,90925,000,000 - 9,090,909 = x15,909,091 = x

Then:

Total Liabilities = $15,909,091 Total Shareholder's Equity = $9,090,909

Tiggie’s Dog Toys, Inc. financed operations with $15,909,091 debt and $9,090,909 of equity.

Answer from: Quest

first one

explanation:

Answer from: Quest

Via: "if you are found to be supplying or dealing drugs, the punishment is likely to be tough. supplying drugs doesn’t just apply to dealers. if police suspect that you intend to share drugs with your friends, this is still considered to be supplying.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

- up to life in prison or an unlimited fine (or both) for a class a drug- up to 14 years in prison or an unlimited fine (or both) for a class b or class c drug."sorry if this was a school question, you didnt supply options so i assumed it was a personal question, which if it is, reconsider selling or having possesion of any drugs at all. i wish you the best!

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Tiggie’s Dog Toys, Inc. reported a debt-to-equity ratio of 1.75 times at the end of 2018. If the fir...

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