Answer:
TVG
Times Interest Earned Ratio (TIER) = Earnings Before Interest & Taxes divided by Interest Expense
= $300,000/$$80,000 = 3.75 times
Explanation:
a) TVG Income Statement:
Revenue                $3,000,000
Cost of goods sold 2,500,000
Gross profit             $500,000
Depreciation             200,000
EBIT                        $300,000
Interest Expense       80,000
Pre-tax Income     $220,000
b) TVG's TIER shows the number of times that its earnings before interest and taxes covers the interest expense.  It shows the ability of the TVG to settle its maturing debt obligations from current earnings.  It is an important financial performance measure which potential investors in TVG will use to gauge the ability of TVG to meet financial obligations from the earnings it generates.
 
        
             
        
        
        
Answer:
$61.60
Explanation:
Equity funding need =  Projected assets - Projected liabilities - Current equity - Projected increase in retained earnings
Equity funding need = $2,739 - $561 -  $1,980 - $136.40
Equity funding need = $61.60
<u>Workings</u>
Projected assets = (Current assets + Fixed assets) * 1.10 = 820+1,670 * 1.10 = $2,739
Projected liabilities = Current liabilities * 1.10 = 510 * 1.10 = $561
Current equity = Current assets + Fixed assets - Current liabilities = 820 + 1,670 - 510 = $1,980
Projected increase in retained earnings  = Sales*5% * 1.10 = $2,480*5% * 1.10 = 124*1.10 = $136.40
 
        
             
        
        
        
Financial managers should strive to maximize the current value per share of the existing stock to  represent the interests of the current shareholders.
<h3>What is the functions of the Financial managers?</h3>
Financial managers can be described as the type of managers that are  responsible for the financial health of an organization. 
They help in the  creation of the  financial reports as well as  directing investment activities, and develop plans , hence Financial managers should strive to maximize the current value per share of the existing stock to  represent the interests of the current shareholders.
Learn more on Financial managers at:
brainly.com/question/1279044
#SPJ1
 
        
             
        
        
        
Answer:
1. c. a consolidation
2. a. all of Shale's and Tierra's assets
3. c. all of Shale's and Tierra's debts
Explanation:
1. When multiple companies join up together to form a new company, this is called a Consolidation which is what Shale Shale Oil Corporation and Tierra Frakking Company did when they formed Unified Resources, Inc. 
2. In a Consolidation, the previously separate companies move in with all their debt and assets to form the new company. As such, Unified Resources acquires all of Shale's and Tierra's assets.
3. As previously stated, in a Consolidation, the previously separate companies move in with all their debt and assets to form the new company. As such, Unified Resources assumes all of Shale's and Tierra's debts as well. 
 
        
             
        
        
        
Answer:
A. The Equity Investment account balance will equal 30% of investee's stockholders' equity at date of acquisition, plus the unamortized cost of the patent.