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Damm [24]
4 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]4 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

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Answer:

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Explanation:

Customer-perceived value -

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8 0
4 years ago
At age 50, Charles began receiving payments under a distribution method that provides for substantially equal payments over his
shusha [124]

Answer:

correct answer is 4) $169,000.00

Explanation:

given data

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solution

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4 0
3 years ago
48. What is the economic process or activity of producing goods and
fgiga [73]

Answer:

O C. Production

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7 0
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Answer:

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I hope this helps. Best of Luck.

4 0
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Eddi Din [679]
The correct answer among the choices given is the third option. Speculation would mean to an economist as making high-risk investments with borrowed money. It is the purchase of something hoping for it to be more valuable at a certain time.
3 0
3 years ago
Read 2 more answers
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