Answer:
times interest earned ratio = 4.21
Explanation:
times interest earned ratio = income before interest and taxes (EBIT) / interest expense
income before interest and taxes = $320,000
interest expense = $60,000 + $16,000 = $76,000
times interest earned ratio = $320,000 / $76,000 = 4.21
Answer:
The correct answer is $388,017.16
Explanation:
The assumption is that you have to save x money, that generates 0.5% a month, and that provide $2,500 monthly. The savings at second month will be (x-2500) * 1.005. At third month, the saving will be (((x - 2500) * 1.005)-2500)* 1.005. This continues until the twelfth month of the twenty fifth year. The short form of this calculations is , where C is the monthly provision (2500), i is the interest (0.5%) and t is the time (12 months per year, 25 years, 300 months). The result is .
Answer:
90,000
Explanation:
Recall that, GDP which is the gross domestic product is the total monetary value of all final goods and services produce within a country geographical boundary for a period of time say one year.
In this case, since the house was built in 1997, it can't be counted as part of 2020 GDP as sale of second hand houses isn't included in GDP.
However, the commission received by the agent can be added to the current GDP.
Thus
Given that
Commission = 6% = 0.06
Sale price = 1500000.
Thus, agent fee in dollars
= 0.06 × 1500000
= $90,000
Therefore, $90,000 will be included in the GDP.
Answer:
The answer is option A) A peer-review board for alternative dispute resolution usually consists of: an equal number of employee representatives and management appointees
Explanation:
Alternative dispute resolution is an affordable, less time consuming and less formal way of settling workplace disputes. To achieve this feat, a peer review board is constituted.
A peer review board usually consists of employers and management appointees and it could be a voluntary decision on their art to participate.
The pool of individuals nominated to be part of the peer review board is considered objective and unbiased in their assessment of the issue to be resolved. They are also deemed skillful in the art of listening and arbitration.
Answer: Answer
Explanation: just took quiz quiz on edge