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Gemiola [76]
2 years ago
9

Ron Landscaping's income statement reports net income of $76,700, which includes deductions for interest expense of $12,600 and

income taxes of $36,300. Its times interest earned is:
Business
1 answer:
vlabodo [156]2 years ago
3 0

Its time's interest earned is = 9.968 Times.

What is times interest?

The ability of a business to make debt payments on time is gauged by the interest coverage ratio or times interest collected. EBIT or EBITDA divided by the total interest expense might be used to determine it.

Times interest = \frac{Earnings before Interest and Tax}{Interest}

Earnings before Interest and tax = Net Income + Interest + Tax

Earnings before Interest and tax = 76,700 ₊ 12,600 ₊ 36300

Earnings before Interest and tax = $1,25,600

therefore,Times intererst =  \frac{Earnings before Interest and Tax}{Interest}

Times interest = \frac{1,25,600}{12,600}

Times interest = 9.968 Times.

To know more about Times interest refer to:  brainly.com/question/14226671

#SPJ4

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Dell, microsoft, and unisys corporation created a partnership to design a voting system for several u.s. states. this is an exam
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Kate purchased 500 shares of Fast Deliveries stock on Wednesday, July 7th. Ted purchased 100 shares of Fast Deliveries stock on
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d. Both Ted and Kate are entitled to the dividend.

Explanation:

There are 3 important dates when a corporation declares a dividend:

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  2. The date of record: the date of record is one day after the ex-dividend date, which means that the stockholders that the stock until the ex-dividend date will be entitled to receive the dividend. The stockholders that purchase the stock on the record date or any date after the ex-dividend date, will not be entitled to receive the dividend. In this case, the ex-dividend date was July 11th, and both Ted and Kate purchased the stocks before that date.
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3 years ago
The __________ is the difference between money flowing into a country from exports, and money leaving the country for imports, p
Anna35 [415]

Answer:

D. balance of trade

Explanation:

Based on the information provided within the question it can be said that the term being described in this scenario is called a balance of trade. like mentioned in the question this term refers to the difference between a nation's exports and it's imports, as well as various other forms of money flow into and outside the nation in question.

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Joint products A and B emerge from common processing that costs $116,000 and yields 4,000 units of Product A and 2,800 units of
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Apportioned joint cost to A=$92,800

Explanation:

<em>Joint costs are the costs incurred up until the split-off where two or more products result from the same production process. These  common costs need to be apportioned among the joint products using any of the following basis:</em>

  1. physical units
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The relative value basis apportions joint costs using the proportion of product individual sales value to the the total sales value.

Total sales value = (280×4,000) + (100×2,800) =1400000

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Apportioned joint cost to A=$92,800

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2 years ago
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