Out of the choices given, the best financial situation is to have enough money saved for your emergency fund and are paying off your credit card debt. You need to make sure you have your emergency fund saved for and then pay off your debt because if you don't and an emergency arises you are likely going to use the credit card again for the emergency. Paying off credit card debt is important but at the same time, paying off your credit card while not adding funds to it is even more important.
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.
Answer: Ethical practice
Explanation: A worker who is able to act personally and professionally with integrity and accountability is said to act in line with the ethical practices of the workplace. These practices and principles guide their behaviour at work, leading to consistent production of high-quality work. Workplace ethics are essentially moral principles that guide worker's actions in the workplace. They can vary from industry to industry, position to position within an industry also by specific field within a larger industry.
Answer:
The value of the firm's common stock is $48
Explanation:
The constant dividend growth model is used to determine the market value of the share and which can be expressed as:
here;
the value of the current market price of the share (P) = unknown?
The dividend expected in the next year (D) = $2.40
The required rate of return (r) = 12% = 0.12
The growth rate (g) = 7& = 0.07
Replacing the values into the above equation:
P = $48
Answer:
II-2.4000 Substantial limitation of a major life activity.
Explanation:
To constitute a "disability," a condition must substantially limit a major life activity. Major life activities include such activities as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning, and working.
