Why is the Debt to Assets Ratio always higher than the Debt to Value ratio?
What will be an ideal response?
Answer: First, the debt to assets ratio uses book values. Book values for debt in the numerator are usually close to market values, but the asset values used in the denominator are often distorted by inflation and, in any case, do not represent the true value of the firm. The Debt to Value ratio has a smaller numerator, because non-interest bearing debt is excluded, and a larger denominator because for a healthy firm, the market value of the equity will be considerably greater than the book value.
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Which of the following was the first step in the development of B2B e-commerce?
A) Electronic Data Interchange (EDI) B) automated order entry systems C) computerized inventory databases D) digital invoices
The _________ to an IDS enables a user to view output from the system or control the behavior of the system
What will be an ideal response?