Answer: 2.61 times
Explanation:
Times Interest ratio = Earnings before Interest and Tax / Interest
Earnings before Interest and tax = Sales - Cost of goods sold - Depreciation expenses
= 594,000 - 255,330 - 67,900
= $270,770
Net Income = Addition to retained earnings + Total dividends paid
Net income = 80,300 + ( 27,500 * 1.64)
= $125,400
Earnings before tax = Net Income/ ( 1 - T)
= 125,400/ ( 1 - 0.25)
= $167,200
Interest = Earnings before interest & tax (EBIT) - Earnings before tax (EBT)
= 270,770 - 167,200
= $103,570
Times Interest ratio = 270,770 / 103,570
= 2.61 times
The answer is to analyze your current personal and financial situation
Investors for invest in cash due to its insufficient value
Answer:
$720000
Explanation:
This answer is quite sole and can be obtained by simple addition.
The answer to this question can be gotten by adding the MACR property of 8byears that has a cost of $430,000 with the purchases of new machines whose cost is $290000.
= $430000 + $290000
= $720000
Therefore Maple's total MACRs deduction for the year 2020 is equal to
$720000.
Thank you!
The workers are most likely to come from <span>India and Sri Lanka
In fact, if being added up, India and Sri Lanka almost made up 50% of the total population in the United Emirates Arab.
But still, the upper economic class in those nations still ruled by local monarchs from thsoe countries.</span>