1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Damm [24]
3 years ago
8

A firm has sales of $68,400, costs of $42,900, interest paid of $2,100, and depreciation of $6,500. The tax rate is 34 percent.

What is the value of the times interest earned (TIE) ratio?
a. 9.04
b. 15.24
c. 17.27
d. 12.14
e. 24.56
Business
1 answer:
tankabanditka [31]3 years ago
7 0

Answer:

9.04

Explanation:

TIE ratio = profit excluding interest/interest

expense

Putting value in above equation;

TIE ratio = 68400-42900-6500/2100

TIE ratio = 9.04

You might be interested in
Marcus, a manager at Royal Memphis Hotel, is training a new group of employees. After each training session, the employees compl
dybincka [34]

Answer:

feedback

Explanation:

Based on the information provided within the question it can be said that Marcus is providing his employees with feedback. This refers to information given to an individual regarding their performance, and is done in order to help that individual realize what they are doing wrong and how they can improve their performance. Which is exactly what Marcus is doing with his employees.

4 0
3 years ago
Which factor could influence an employer to increase an employee's wages?
ElenaW [278]

Answer:

B most likley because i dont see hwo it can be A or D because both will lower an employees wages

Explanation:

7 0
2 years ago
A company that uses a strategy of selling its products to a distributor in another country would be using.
storchak [24]

A company that uses a strategy of selling its products to a distributor in another country would be using <u>exporting.</u>

<u></u>

<h3><u>How Do Exports Work?</u></h3>

Exports are products and services made in one nation and offered to customers in another. Imports and exports together make up global trade.

Because they give people and businesses access to a larger market for their products, exports are crucial to modern economies. Fostering economic commerce, and boosting exports and imports for the advantage of all trading parties, is one of the primary goals of diplomacy and foreign policy between countries.

<u>Benefits of Exporting for Businesses</u>

There are numerous reasons why businesses export their goods and services. If the goods open up new markets or widen existing ones, exports can boost sales and profits and may even offer the chance to gain a sizeable portion of the worldwide market. Exporting businesses diversify their markets to reduce business risk.

Learn more about export with the help of the given link:

brainly.com/question/17134731

#SPJ4

7 0
1 year ago
A company is assessing opportunities in the BRIC companies and determines that _________ is one of the youngest populations in t
romanna [79]

Answer:

India is one of the youngest Nation in the world

Explanation:

The countries that fall under the BRICs (Brazil, Russia, India and China), will have large tendency to shape the future of world because these countries are growing with greater GDP growth rates.

India is the one of the youngest nation with having its 27% population living below 27 years. The generation has opted to technological advances which suits most of the companies to move here. The human resource here is available at low cost and the free trade agreement of India with a lot of countries has helped it to equip its resources to maximum which is the reason it has 7.6 GDP growth rate.

There is increased demand for infrastructure development, basic needs provision and many other commodities. So this makes India an attractive market with a well diversified people taste because a lot of civilizations are living and burried here.

5 0
2 years ago
Enterprises buys a warehouse for $ 570 comma 000$570,000 to use for its East Coast distribution operations. On the date of theâp
Nitella [24]

Answer:

$570,000

Explanation:

At the time of recording of the fixed assets, the fixed assets should be reported at purchase cost or historical price  or originally cost or acquiring cost, whether all other values are given i.e appraisal value, the seller purchased value, similar warehouse book value, etc

So, in the given case, it would be recorded at $570,000 as the buyer purchase the building at this cost only.  

7 0
2 years ago
Other questions:
  • What happens if you pay more than the minimum balance on your credit card each month?
    7·2 answers
  • How does the budget process make fiscal policy difficult to implement? (lo32-3)?
    6·1 answer
  • Check-in, Incident Action Planning, Personal Responsibility, and Resource Tracking are all necessary to ensure ______.
    10·1 answer
  • Suppose that France and Denmark both produce fish and stained glass. France's opportunity cost of producing a pane of stained gl
    7·1 answer
  • The degree of operating leverage at a specific level of sales helps the managers calculate the effect that potential changes in
    13·1 answer
  • Calculate how much each of the following items is worth in terms of today's dollars using 180 as the price index for today.
    12·1 answer
  • A _______ is an organization that is NOT presently in a task environment but has the resources to enter if it so chooses. potent
    8·1 answer
  • Over the course of 40 years, Sal grew his company to six package shipping stores. With his retirement approaching and the increa
    6·2 answers
  • What is one downside to environmental-protection laws?
    14·2 answers
  • A deduction from adjusted gross income for yourself, your spouse, and qualified dependents is:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!