1. Time value of money
2.Personal depositary income
3.store of value
4.consumer credit
The EOQ will remain the same
Explanation:
EOQ(Economic order quantity) is the commercial quantity terminology. The value of an efficient order is the optimal amount of the item to be ordered concurrently so that the combined annual production expenses and material transfer are reduced. The optimal lot size is also called as the EOQ.
In 1913, Ford W. Harris created this production planning pattern and was improved in the course of time. The model implies that the cost of production, purchasing, and holding remains constant.
The EOQ is the ideal request quantity for a business that minimises its overall cost for orders, receipts and inventory holdings. In cases where demand, purchasing, and holding costs remain constant with the period, the EOQ formula is usually applied.
Answer:
Times interest earned (TIE) = 7.4 times
Explanation:
The times interest earned (TIE) ratio is a measure used to analyze the company's ability to meet its debt obligations on the basis of its current income level. The TIE ratio is calculated as follows,
Times Interest Earned (TIE) = EBIT / Total Interest expense
Where,
- EBIT is the earnings of the company before interest and tax
To calculate TIE, we first need to determine the EBIT. EBIT can be calculated by backward working. Thus, EBIT is:
EBIT = Net income + tax + interest expense
EBIT = 240000 + 80000 + 50000
EBIT = $370000
Times interest earned (TIE) = 370000 / 50000
Times interest earned (TIE) = 7.4 times
manage household expenses means cutting a lot of checks
ans is a checking account