2-Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains...

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Accounting

2-Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below:

Albi Foods

Unimart, Inc.

Total liabilities, 2021 ......

$43,610

$23,817

Total liabilities, 2020 ......

48,239

21,935

Total assets, 2021 ......

64,743

29,652

Total assets, 2020 .......

67,582

32,589

Revenue, 2021 ....

200,693

81,494

Net income, 2021.......

2,312

1,062

To the nearest hundredth, what is the 2021 debt-to-equity ratio for Unimart?

Select one:

A. 2.89

B. 2.06

C. 4.08

D. 2.77

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3-Anchor, Inc. has a debt-to-equity ratio of 0.42 and Ballast Company has 0.28. Which of the following statements is true?

Select one:

A. Anchor reported more dollars of profit than Ballast

B. Anchor has more total debt than does Ballast

C. Anchor is able to bring its product to market more efficiently than Ballast

D. Ballast would likely be able to borrow money at a lower interest rate than would Anchorimage

1-Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below: Albi Foods Unimart, Inc. + Total liabilities, 2021 ......... $43,610 $23,817 Total liabilities, 2020 ......... 48,239 21,935 Total assets, 2021 ............. 64,743 29,652 Total assets, 2020 67,582 32,589 Revenue, 2021 200,693 81,494 Net income, 2021..... 2,312 1,062 O To the nearest hundredth of a percent, what is the 2021 return on equity ratio for Albi Foods? Select one: A. 10.94% B. 11.42% C. 11.95% D. 5.30% Save Answers Next 2-Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below: Albi Foods Upimart, Inc. Total liabilities, 2021 ........ $43,610 $23,817 Total liabilities, 2020 48,239 21,935 Total assets, 2021 64,743 29,652 Total assets, 2020 67,582 32,589 Revenue, 2021 200,693 81,494 Net income, 2021..... 2,312 1,062 To the nearest hundredth, what is the 2021 debt-to-equity ratio for Unimart? Select one: A. 2.89 B. 2.06 C. 4.08 D. 2.77 PreviousSave Answers Next 3-Anchor, Inc. has a debt-to-equity ratio of 0.42 and Ballast Company has 0.28. Which of the following statements is true? Select one: A. Anchor reported more dollars of profit than Ballast B. Anchor has more total debt than does Ballast C. Anchor is able to bring its product to market more efficiently than Ballast D. Ballast would likely be able to borrow money at a lower interest rate than would Anchor

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