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Bess [88]
3 years ago
5

A company with a decreasing interest expense would see what change to its times interest earned?

Business
1 answer:
Mekhanik [1.2K]3 years ago
4 0

Answer:

a) An increase

Explanation:

The times interest earned ratio is a ratio that measures the portion of the income or earning that can be used to pay for future interest expenses. Times interest earned ratio is also known as the coverage ratio and it can be computed using the following formula:

Times interest earned ratio = EBIT / Interest expense .............. (1)

Where EBIT denotes earning before interest and tax.

From equation, it can be seen that there is a negative relationship between times interest earned and interest expense. That is, as interest expense increases, times interest earned falls. On the other hand, as interest expense falls, times interest earned increases.

Therefore, the correct option is a) An increase, that is a company with a decreasing interest expense would see an increase to its times interest earned.

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“ contact at least three banks in your community. what is the highest interest-rate you can earn on a passbook savings account?”
luda_lava [24]

Answer:

The Highest interest rate you can earn on a passbook savings account is 5%

Explanation:

According to the research of 5 Financial institutions in New York the Annual Percentage Yield of a Passbook savings account goes from 1% to 5%.

Bank                                         APY

Apple Bank for Savings          0.10

Emigrant Bank                  0.40

Investors Bank                  0.50

Provident Bank                  0.50

Queens County Svgs Bk  0.50

5 0
4 years ago
Explain the importance of cultural awareness or understanding of sociocultural differences in the global marketplace.
bonufazy [111]

Answer:

Cultural awareness exemplifies the ability to recognize diverse beliefs, customs, and values whom are significant to some individuals.

Explanation:

Basically, being able to understand this is necessary, because you need to respect others unless you want to be deemed ingnorant

6 0
3 years ago
Which of the following is NOT true of credit cards? AThey offer the highest level of fraud protection. BThey are the best paymen
den301095 [7]

A and B are NOT true of credit cards

<h3>Further explanation </h3>

Credit card is a card that have a function to borrow money against a line of credit. When you want to buy something, a sales clerk uses your credit card to charge the money needed to their account, so the you will pay later.

Credit cards can be charged a fee if you are late making a monthly payment. For example if you're late to do credit card payment, the next billing statement will include a fee for the late/missed payments. Late fees can be as high as $39, but it depends on your credit card's late fee policy and whether or not it's your first time being late in the past six months.

Credit cards also provide some offer rewards, like cash back or airline miles. The differences between the airline miles and cash back is, the airline credit cards, on average, provide much better short-term value, while cash back cards are better for long-term.

. They offer the highest level of fraud protection and B. They are the best payment type to use when trying to stick to a budget are

A and B are NOT true of credit cards. Credit cards IS much safer method of payment in terms of fraud. Also credit cards are not the best payment to use when trying to do stick on a budget

<h3>Learn more</h3>
  1. Learn more about credit card brainly.com/question/4069197

<h3>Answer details</h3>

Grade:  9

Subject:  business

Chapter:  credit cards

Keywords: credit cards

4 0
4 years ago
Read 2 more answers
20 POINTS AND BRAINLIEST!!! Explain the relationship between financing and marketing strategies. Choose a product or service you
Evgesh-ka [11]

Answer:

The relationship between marketing and finance is arguably one of the most important within any business. Traditionally perceived as an adversarial tug of war between marketing on one side spending the money and finance on the other trying to save it, this relationship has evolved into a modern marriage of equals.

Explanation:

I can't think of the product anymore, I've already answered the first one

7 0
3 years ago
Why is a rigorous performance appraisal program a key part of the Teach for America<br> program?
Naddika [18.5K]

Answer: Please refer to Explanation

Explanation:

Teach for America is a Non-profit Organization founded in 1989 that aims to place teachers in schools that need it the most especially in low income areas.

The very rigorous performance appraisal program is done to ensure that the children being taught are benefitted in the most effective way.

Teach for America hopes to impart on the lives of the children, long lasting benefits that will take them very far in life. For thus reason they train recruits as much as possible to ensure that they are well armed to deal with any kind of situation that may arise while they are on duty. It is important to realize that a lot of TFA programs deal with kids from minority or lower income backgrounds and it is important to know how to relate with them and part of this training is for that. Children learn in numerous ways. The training therefore enables the recruits to know how to employ different educational methods to reach their to even the toughest of students and educate them.

4 0
3 years ago
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