Answer:
times interest ratio = EBIT / interest expense
1)
Kringle: TIE ratio = ($40,870 - $10,300 - $350) / $350 = 86.34
Leihman: TIE ratio = ($46,320 - $12,080 - $2,000) / $2,000 = 16.12
2)
Kringle was better able to cover its interest expenses since its TIE ratio is much higher than Leihman's (more than 5 times higher). This means that it is much easier for Kringle to pay off the interests on its debt.
Freelance entrepreneurs, bounty hunter, and factory worker.
Answer:
See explanation
Explanation:
See the image below to get the answer
Answer:
1.
Explanation:
IT WOULD BE GOOD TO PLANT CITRUS IN THE AREA WHERE AVALIABILITY OF SPRINKLERS IS AMPLE.
THEREFORE,THE ROOTS OF THE PLANTS WOULD GET AMPLE OF WATER FOR THE GROWTH OF PLANT.