Answer:
a new Long income in market to get a new meal
Answer:
C. 4.00
Explanation:
The interest coverage ratio is the same as times interest earned.
It is a the financial ratio that shows how many times over the income or earnings before interest and tax can be used to pay the interest payable in the same period.
Hence, Interest coverage
= Earnings before interest and taxes (EBIT) / Interest expense
EBIT = $580,000 - $350,000 - $45,000 - $90,000 -$15,000
= $80,000
The company's interest coverage ratio is
= $80,000/$20,000
= 4.00
Based on the fact that Alonzo will not buy stock in the bottled water company, this is<u> social investing. </u>
<h3>What is social investing?</h3>
It refers to investing in ventures that are socially responsible in that the company being invested into, takes cognizance of the effects their products have on the environment.
Alonzo is practicing social investing because he is refusing to invest in a company that is not socially responsible as their products harm the environment.
Find out more on social investing at brainly.com/question/1332287.
Some of the advantages that corporations could be credited with bringing to America include the higher number of workers employed, lower product prices, and potentially better quality products or monopolies. Corporations do not necessarily inevitably bring better quality products or monopolies, nor do they preclude this from happening, therefore, the worst answer is probably monopolies.
The Federal Insurance Contributions Act provides retirement, disability, survivorship, and medical benefits to qualified workers. Laws require employers to withhold FICA taxes from employees' pay to cover costs of the system.
<h3>What is FICA tax? </h3>
On earnings, the FICA tax includes a 6.2 percent Social Security tax and a 1.45 percent Medicare tax. Only the first $142,800 in earnings are subject to Social Security tax in 2021.
Earnings exceeding $200,000 for single filers/$250,000 for joint filers may be subject to a 0.9 percent Medicare tax.
Thus, it is FICA tax.
For more details about FICA tax, click here:
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