Answer:
<h3>Required:</h3>
1. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has thebetter return on assets?
2. Which company has the better rate Of growth in sales?
3. (a) Did Roak successfully use financial leverage in the current year? (b) Did Clay?
Answer:
it means that it covers every so lets say you get in a car wreck it will fix all of the damage
Explanation:
Answer:
$18,622.53
Explanation:
Calculation for how much should Legion pay for cash interest for the six months ended June 30, 2021
Using this formula
Cash interest= Bonds percentage* Bonds amount
Let plug in the formula
Cash interest=9%*$206,917
Cash interest=$18,622.53
Therefore how much should Legion pay for cash interest for the six months ended June 30, 2021 is $18,622.53