Answer:
1.46
Explanation:
Given that,
Total Assets value = $12 billion
Tax rate = 25%
Basic earning power (BEP) ratio = 18%
Return on assets (ROA) = 4.25%
Net Earnings:
= Return on assets × Total Assets value
= 4.25% × $12 billion
= $0.51 billion
BEP = EBIT ÷ Total Assets
EBIT = 18% × $12
= $2.16 billion
Earnings before tax = Net income ÷ (1 - tax)
= $0.51 ÷ (1 - 25% )
= $0.68 billion
Interest Expense = EBIT - EBT
= $2.16 - $0.68
= $1.48 billion
Times-interest-earned (TIE) ratio:
= EBIT ÷ Interest expense
= $2.16 ÷ $1.48
= 1.46
The only one that makes sense to me would be (D) Financial Aid
Answer:
A. And increases the retention of information in the ad
Explanation:
Music in ad is a way of creating awareness which excite the prospective customers, it help to gain their attention and also helps to remember the information of the advert because subconsciously the music plays in their head and as it does , the information about the product keeps coming to them.
Answer:
The correct answer is C) Extrinsic reward
Explanation:
Extrinsic reward is reward that an employer gives to an employee in compensation for the achievement of something. In this case, what is achieved is very vague ("good work") but in a real firm, it could be something more specific. For example, a sales manager could reward his top selling employees with a monthly salary bonus.
The entry for the dividend declaration is as following:
Debit Cash Dividend $12,000
Credit Dividend Payable $12,000
To acquire the amount we must multiply the dividend per share which is 0.06 with a number of common shares issued which is 20,000. Capston, Inc have to entry this transaction as the dividend declares although the cash has not yet disbursed to comply with the accrual principle.
The treasury stock must be ignored because it is the portion of stocks which held by the company in its own treasury and the amount of authorized stock because it is not yet issued and the company doesn't have the obligation to pay that portion of stocks dividend<span>.</span>