Answer:
The answer is letter C
Explanation:
The true statement is to profit in this situation, the investor should buy the bonds and short the stock.
I think D more spending and income. I could be wrong though.
Answer:
complete question is in the pictures attached and the solution is in the file
Explanation:
Answer:
d.6.5
Explanation:
The formula to compute the times interest earned ratio is shown below:
Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)
where,
Earnings before interest and taxes = Income before income tax for year + Interest
= $550,000 + $100,000
= $650,000
And, the interest expense = Bonds payable × rate of interest
= $1,000,000 × 10%
= $100,000
Now put these values to the above formula
So, the ratio would equal to
= $650,000 ÷ $100,000
= 6.5 times
Answer:
All fixes are labelled as Initial Approach Fix (IAF)
Explanation:
An initial approach fix is the starting point of initial approach in an instrument approach. On any Standard Instrument Approach Procedure chart, all initial fix approaches are indicated on the chart.
Cheers.