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3 years ago

Using the income statement for Times Mirror and Glass Co., compute the following ratios:

Business

1 answer:

Umnica [9.8K]3 years ago

8 0

Answer:

(A) Interest coverage charge ratio= 6.21

(B) Fixed charge coverage = 2.84

(D) Total assets turnover= 1.55

(E) Return on assets= 13.26%

Explanation:

(A) The Interest coverage charge ratio can be calculated as follows= EBIT/Interest expense

= 45,300/7,300

= 6.21

(B) The fixed charge coverage can be calculated as follows

= income before fixed charge + interest/fixed charges + interest

= 45,300+13,300/7,300+13,300

= 58,600/20,600

= 2.84

= Net income/sales × 100

= 22,800/266,000 × 100

=0.0857 × 100

= 8.57%

(D) The total assets turnover can be calculated as follows

= Sales/total assets

= 266,000/172,000

= 1.55

(E) The return on assets can be calculated as follows

= Net income/Total assets × 100

= 22,800/172,000 × 100

= 0.13255×100

= 13.26%

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Which mortgage clause allows a lender to regain their investment ifa borrower does not pay his payment?a. acceleration clause b.

vovangra [49]

Option(A) is the correct answer.

Acceleration clause allows a lender to regain their investment if a borrower does not pay his rent.

<h3>What is acceleration clause in real estate?</h3>

The "accelerated provision" of a loan agreement describes the circumstances under which the borrower is required to make an immediate full repayment of the loan. When the borrower substantially violates the terms of the loan arrangement, an accelerated clause is often triggered.

For instance, the acceleration clause in most mortgages kicks in if the borrower skips too many payments. Commercial and residential mortgages are the ones that typically have acceleration clauses. Some leases may also include them.

The borrower may be permitted to repay the loan in full before the loan's maturity date, according to an accelerated provision.

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2 years ago

In an import-oriented distribution structure,A. the importer-wholesaler traditionally performs most of the marketing functions.B

Gnesinka [82]

Answer:

A. the importer-wholesaler traditionally performs most of the marketing functions.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

An import-oriented distribution structure is also referred to as a traditional distribution structure and it typically involves controlling a fixed supply of goods by an importer while selling a limited supply of the goods (products) at a higher price to a small group of rich or affluent customers.

This ultimately implies that, in this type of distribution structure, demand for goods usually exceeds the quantity of goods supplied.

Hence, in an import-oriented distribution structure, the importer-wholesaler traditionally performs most of the marketing functions.

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3 years ago

What percentage of americans viewed the united states intervening in wwi as a mistake? 60% 100% 15% 5%?

Evgesh-ka [11]

Sixty percent of Americans viewed the United States intervening in WWI as a mistake. As of August of 1914, the US was officially a neutral state when it came to the whole debacle that was happening in Europe. However, the large bank corporations like J.P. Morgan loaned the Allies WAAAAAY more money than they should have, which then meant we were on the side of the Allies. Basically, it wasn't the people's desire to be in the war, but it was the banks that launched us into it.

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4 years ago

QUESTION 10

8090 [49]

Answer:

a. 7.22%

Explanation:

The computation of the return on total assets is shown below:

= Net income after taxes ÷ total assets at the end of the last year

= $22,750 ÷ $315,000 × 100

= 7.22%

Hence, the return on total assets is 7.22%

Therefore the correct option is a.

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3 years ago

Broker Ed owns a building he wants to lease or sell. Which of the following represents legal advertising?

AlekseyPX

Answer:

d) For Sale by Owner-Broker. Call Ed Hahn at 321-7788

Explanation:

From the above, we can see that the last option chosen contains the most complete information as against the others that do not state all relevant information. Laws in most countries covering advertising demand full disclosure of all relevant information when advertising a sale for instance or it would be considered illegal advertising. From the example, the seller had stated appropriately in the last option that he is an owner broker, letting the prospective buyer know that the property being sold is also owned or partly by the one who is listing the property for sale, or member of the listing team. The name is also stated the name which was not disclosed in the previous options

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3 years ago