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3 years ago

Creditors are interested in the times interest earned ratio because they want to

1 answer:

7 0

Creditors are interested in the times interest earned ratio because they want to "have adequate protection against a potential drop in earnings jeopardizing their interest payments".


The times interest earned ratio is also known as interest coverage ratio, which measures the capacity of an association to pay its obligation commitments. The proportion is generally utilized by banks to discover whether an debt borrower can bear to assume any extra obligation. It might be figured as either EBIT or EBITDA divided by the aggregate interest which is payable.

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Portman Industries just paid a dividend of $2.40 per share. The company expects the coming year to be very profitable, and its d

Marina86 [1]

Answer:

Dividend for year one;

2.40 × (1+0.12)= 2.688

For year 2

2.40 × (1+0.12)^2 =3.01056

For year 3

2.40 ×(1+0.12)^3 = 3.3718

4 0

3 years ago

In which type of appraisal interview does the interviewer communicate the strong and weak points of an employee's performance du

shutvik [7]

Answer: Tell and Listen method of appraisal is used in the above mentioned scenario.

Explanation:

In tell and listen method of appraisal the evaluation of the employees is communicated to them at first. The superior in hierarchy does the appraisal where the superior gives the feedback on the performance at first which includes the strengths and weakness.

Then the employee is allowed to respond to the evaluation. The employee can express his feelings after receiving the evaluation whether he is happy or not. The employees have right to vent their feelings even its frustration.

7 0

3 years ago

Supporters of rent control say that it _____ the price of renting an apartment. raises lowers does not change

denis23 [38]

Answer:

The answer is lowers.

Explanation:

Supporters of rent control say that it LOWERS the price of renting an apartment.

Rent control is an administration program that puts a limit on the sum that a landowner can charge for renting a home or for renewing lease

Rent control laws are typically established by regions and the subtleties differ broadly. All are planned to continue living costs reasonable for lower-salary occupants.

Rent control laws mostly limit the amount a landlord can increase rents on existing tenants. Therefore Rent control is controversial. In fact, 37 states have laws that forbid local governments from enacting such measures.

6 0

3 years ago

A lawn maintenance company compares two ride -on mowersthe Excelsior, which has an expected working-life of six years, and the G

Fofino [41]

Answer:

A) The mower is only expected to be needed for three years.

Explanation:

Excelsior is surely more expensive than the Grassassinator, due to its longer working life. Therefore, it is essential to examine the period of use of the lawn mower. There is absolutely no need to invest in a long-running lawn mower if it is going to be needed twice less the time. In this case, it would be more financially efficient to invest in the Grassassinator.

6 0

3 years ago

Jenny likes chocolates. One day, a friend offers her a chocolate bar and she is extremely happy on receiving it. As the day pr

liq [111]

Answer: Law of diminishing marginal utility

Explanation: In simple words, law of diminishing marginal utility states that as a consumer consume more of a good or service then the marginal benefit he or she receives from the additional consumption keeps on decreasing.

In the given case, Jenny's excitement keeps on decreasing with every chocolate she receives after a certain point of time.

Hence we can conclude that the given case illustrates law of diminishing marginal utility.

6 0

3 years ago