Answer:
The Correct answer is "False"
Explanation:
Jake Burton Carpenter (conceived April 29, 1954 in New York City), otherwise called Jake Burton, is an American snowboarder and author of Burton Snowboards and one of the innovators of the cutting edge snowboard. He experienced childhood in Cedarhurst, New York. He was not organizer of innovation cycle.
taking money from something or someone but you have to pay it back
Answer:
5.1
Explanation:
Times interest earned ratio can be described as the ability of an organisation to make their debt payment within the stipulated period of time
The formular for calculating Times interest earned ratio is
= Earnings before interest and tax/Total interest payable
The interest exsense can be calculated as follows
Interest expense= $826,000×10/100
= $82,600
Since the income generated before income tax is $342,000
The time interest earned ratio is calculated as follows
= $342,000+ $82,600/$82,600
= $424,600/$82,600
= 5.14
= 5.1 ( rounded to 1 decimal place)
Hence the Times interest earned ratio is 5.1
Answer:
$54.95 interest income
Explanation:
We look int othe legal tables to recognize income in this type of annuities considering the age of each participant
Table VI - Ordinary Joint Life and Last Survivor Annuities; Two Lives - Expected Return Multiples
multiplier at cross 75 / 70 : 18.8
we take the annual income of 700 x 12 = 8,400
and multiply by the 18.8 = 157,920
now we solve for part of capital and interest:
145,530/157,920 = 0.92154 = 92.15%
principal returns are 92.15% while interest the remaining 7.85%
700 x 7.85% interest = $54.95 interest income