Answer:
Explanation:
As we know that time interest earned ratio = Income before interest and taxes / interest expense.
Sales = 546000
less: cost of goods sold = (<u>244410</u>)
Gross profit 301590
Less: <u>expenses</u>
Depreciation expense =( <u>61900 </u>)
Profit before interest and taxes 239690
Less: tax
(239690 * 23%) = (<u>55128</u>)
Profit 184562
Profit - Retained earning Addition = Interest
184562 - 74300 = 110262.
Interest earned ratio = 239690 / 110262 = 2.17 times
Answer:
Mashable
Explanation:
Mashable is a global, multi-platform media and entertainment company. It is a go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.
After a firm has determined its position in the global market, it will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
<h3>What is global market?</h3>
Global market involves planning, producing, placing, and promoting a business' products or services in the worldwide market.
It is not limited to specific geographic locations but rather involves the exchange of good, services, and labor anywhere.
Examples of global markets are :
- Fast-moving consumer goods
- Clothing
- Automobiles
- Banking,
- Fast food companies
Hence, a firm will typically seek to meet the needs of global markets by tailoring its marketing mix to the needs of consumers in individual markets.
Learn more about global market here : brainly.com/question/20860719
Answer:
Check the explanation
Explanation:
January
Beginning Cash Balance $1,000
Add: Collection:
December Sale ($5,000*10%) $500
January Cash Sale $6,000
January Credit Sale ($4,000*90%) $3,600
Total Cash Available a $11,100
Cash payment to suppliers b $24,000
Cash deficit before financing a-b $-12,900
Add: Borrowing (Using permutation-comb.) $14,040
Less: Interest Payment $-140
$14,040*12%*1/12
Ending Cash Balance $1,000
