The answer is: coupon clip from a newspaper.
The rest of the choices are not advantageous for the consumers. A sales tax is a portion of the company's sales deducted. For compensation, the company may increase their prices. A steady rise in profit could also mean high prices which bring in cash flow. Lastly, an increased price is not desirable for consumers.
Answer:
a. Compute the ratio of times-interest-earned.
times-interest-earned = EBIT / interest expense
- EBIT = $4,839,900
- interest expense = $2,210,000
times-interest-earned = $4,839,900 / $2,210,000 = 2.19
b. Compute the debt-to-equity ratio.
debt-to-equity ratio = total liabilities / total stockholders' equity
- total liabilities = $900,000
- total stockholders' equity = $400,000
debt-to-equity ratio = $900,000 / $400,000 = 2.25
Answer:
Abed must earn 13.5% or $108 annual interest to cover the monthly fee.
Explanation:
Abed should earn minimum $9 of interest on deposit each month to cover the bank charges expense.
Average Monthly Balance = $800
Bank Charges = $9.00 per month
Monthly interest rate = (Monthly bank charges / Monthly average balance ) x 100
Monthly interest rate = ( $9.00 / $800 ) x 100 = 0.01125 x 100 = 1.125%
Annual Interest rate = 0.01125 x 12 = 0.135 = 13.5%
Annual Interest = $800 x 13.5% = $108
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Answer:
C) payroll.
Explanation:
Expenses can be defined as the amount of cost that is being incurred in the generation of revenue and smooth operations or running of a business by an organization or business firm. There are basically two (2) types of expenses associated with business and these are; operating and non-operating expenses.
One of the largest expense categories for most businesses is payroll. A payroll can be defined as a comprehensive list of employees working for an organization and are eligible to receive wages, as well as the amount of money that they are entitled to receive. It constitutes about 70% of an organization's total expense or overhead.