Answer:
a. $8.0 million; $1.22 million
Explanation:
The computation is shown below:
As we know that
Basic earnings power = EBIT ÷ total assets
So,
EBIT = Basic earnings power × total assets
= 0.20 × 40 million
= $8 million
Now
Times interest earned = EBIT ÷ interest expense
So,
Interest expense = EBIT ÷ Times interest earned
= $8 million ÷ 6.55
= $1.22 million
a larger company can seem more reliable to some people and often times large companies can run smaller ones out of buisness
The step of the process of control that is illustrated in this question is measuring performance.
<h3>What is the process of control?</h3>
This is the process that is done in order to make sure that the performance of a business is carried out effectively using a series of steps.
The measurement of performance is done to check out how the business is doing, It helps to see if the objectives are being met.
Read more on the control process here:brainly.com/question/14051119
Answer:
The most suitable answer is d. means that material differences will be investigated.
Explanation:
In management by exception, the exceptional cases are given the priority. However, this does not mean that other matters are not given attention to. But the material matters are given the top.priority.
