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Dmitry_Shevchenko [17]
3 years ago
6

A firm has an operating profit (EBIT) of $600 on sales of $1,000. Interest expense is $250 and taxes are $120. What is the times

interest earned ratio?
Business
1 answer:
Nezavi [6.7K]3 years ago
8 0

Answer:

2.4 times

Explanation:

The formula to compute the times interest earned ratio is shown below:

Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)

= $600 ÷ $250

= 2.4 times

In order to find out the times interest earned ratio, we divide the operating profit or earnings before interest and taxes by the interest expense so that it could come

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il63 [147K]

Based on the fact that Rita has a compliant about the privacy and data practices of the social media company, Rita can submit a complaint to the Federal Trade Commission.

<h3>Who can consumers complain to?</h3>

The Federal Trade Commission exists for being able to help consumers who are being faced with unfair and unjust business practices.

This means that if Rita has any reason to believe that the social media company is failing in its privacy and data practices policies, Rita can reach out to the Federal Trade Commission with a complaint.

Find out more on the Federal Trade Commission at brainly.com/question/27860621

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5 0
2 years ago
Suppose the exchange rate is 10 pesos per dollar and you use $1000 to purchase a one-year mexican bond that pays 10% interest. N
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The amount of money I would have in US dollars would be $1,000

<h3>How much would I have in US dollars?</h3>

The first step is to convert dollars to pesos:

$1000 x 10 = 10,000 pesos

The second step is to determine the value of the investment in a year's time: (1.10) x 10,000 = 11,000 pesos

Now, convert pesos to dollars : 11,000 / 11 = $1,000

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6 0
2 years ago
After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted
Arturiano [62]

Answer:

After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted to evaluate market access. To do this, Harold would consider ease of assessing or developing distribution channels and brand familiarity

<u>Explanation: </u>

Harold would, first of all, find out the ease in accessing the market. If he finds that it is easy to access the market or target the consumers than he will develop distribution channels. Distribution channels take lots of time and effort.

Than Harold will determine the brand familiarity which means he will make the consumers familiar with his company's baby products. Brand familiarity affects the consumer's information about the product.

5 0
3 years ago
Economists refer to the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction wit
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Economists ask the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction with a product as-----expressing disapproval.

What does one mean by customer dissatisfaction?

Customer dissatisfaction is the antithesis of customer satisfaction. It happens when customer expectations aren't only not meant, but also when the corporate fails to do anything about the complaint.

for instance , 74 percent of consumers say they will forgive a company for its mistake after receiving excellent service.

<h3>Why is customer satisfaction important?</h3>

The importance of customer satisfaction cannot be overstated. there's a direct correlation between how happy customers are and how much money a business makes. Your customer satisfaction score (CSAT) affects repeat purchases rates and customer loyalty, word of mouth referrals, and helps to tell business decisions

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brainly.com/question/7943284

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7 0
1 year ago
In a jewelry store, a customer places an order for a piece of jewelry (for example, a silver pin in the shape of a tulip). each
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The best type of system for the order of the jewelry would be:

 

<span>1. </span>A customer chooses what he wants from the jewelry

<span>2. </span>He/she must check if the special jewels that he/she wanted are available for pre-order

<span>3. </span>Once the business agreement is done a transaction shall be followed in the making.

 

<span>Special orders should always be made to be pre-ordered, if the supplier has the item.</span>

6 0
3 years ago
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