1. If a company has no short term or long term debt a. Operating return...

80.2K

Verified Solution

Question

Finance

1. If a company has no short term or long term debt

a. Operating return on assets will be equal to its return on assets

b. Return on assets will be equal to its return on equity

c. Days of account payables is equal to account receivables

2. If a company has 17 million in current assets, 45 million fixed assets, 2 million of depreciation and equity of 23 million, whats the total liabilities

a. 33 million

b. 83 million

c. 37 million

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students