The company's times interest earned ratio equals 4.75.
Times interest earned ratio = Income before interest expense and income taxes / Interest expense = 52,250 / 11,000 = 4.75.
A company's ability to continuously pay off its debt is measured by the Times Interest Earned (TIE) ratio. This ratio is calculated by dividing a company's EBIT by its recurrent interest expense.
The ratio is the theoretical frequency with which a company would have to make periodic interest payments if it applied 100% of its EBIT to debt repayment.
The TIE's primary goal is to calculate a company's default risk. As a result, it is simpler to determine crucial debt features, such as the appropriate interest rate to use or the maximum amount of debt a company may take on before going bankrupt.
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Answer:
$910
Explanation:
Computation for the Work-in-Process transferred to the finished goods warehouse on April 30
Using this formula
Work-in-Process transferred to finished goods warehouse=Work-In-Process Inventory, April 1+(Direct materials used in production+Direct labor costs incurred +Manufacturing overhead costs)-Work-In-Process Inventory, April 30
Let plug in the formula
Work-in-Process transferred to finished goods warehouse=$270 + ($195 + $370 + $320) - $245
Work-in-Process transferred to finished goods warehouse=$270 +$885-$245
Work-in-Process transferred to finished goods warehouse= $910
Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 is $910
An increase in consumer confidence will decrease unemployment and price level will increase.
<h3>
What is aggregate supply?</h3>
Aggregate supply can simply be defined as the amount of goods and service manufactured that are supply at a particualr period of time.
In a situation where aggregare supply remain the same and government policy remain the same this will result in decrease in unemployement rate and increase in price level which is also known as inflation.
Inconclusion an increase in consumer confidence will decrease unemployment and price level will increase.
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Answer:
D. Listing, marketing, facilitating transactions, and managing information
Explanation:
The real estate brokers helps in facilitating the following activities:
Listing - They help in listing out the best options for the buyers
Marketing - The brokers representing the developer ( i.e the seller ) markets their product which is the real estate property
Facilitating transactions - They help the buyers and sellers for the ease in transaction by being a mediator between the seller and the buyer.
Managing information - They manage the information related to the products and the information of the buyer so as to have an hassle free transaction.
Answer:
well its 5 more points
Explanation:
Which of the following is considered a taxpayer€™s capital asset? A. Taxpayer€™s house B. Real estate used in the trade or business C. Depreciable property used in the trade or business D. Supplies regularly used in the trade or business
