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zhuklara [117]
3 years ago
9

Covenants represent:

Business
1 answer:
gregori [183]3 years ago
8 0

Answer:

the answer is D terms and conditions set forth in a lending agreement to reduce the probability of non-payment

Explanation:

covenants help lenders detect deteriorating loan quality.

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The comparative balance sheets for Kingbird Corporation appear below:
otez555 [7]
Banana is good and good for me
7 0
2 years ago
Why is it important for companies to invest in building a complete Data and Analytics Platform?
Setler79 [48]

It is essential for companies to invest in building a complete data and analytics platform to generate insights by housing data in one place and converting it into easily consumable information at high speed.

<h3 /><h3>Data and analytics platform</h3>

It corresponds to automated services and technology capable of processing a large amount of complex data and transforming it into relevant information in an organization.

Therefore, storing data on a platform can help to understand organizational scenarios, identify patterns, visualize and combine information to support organizational decisions more effectively and quickly.

The correct answer is:

  • It generates insights by housing data in one place and converting it into easily consumable information at high speed.

Find out more information about analytics platform here:

brainly.com/question/25893584

5 0
2 years ago
Gross payroll for the employees of Bannister Enterprises totals $100,000 per week. From this must be withheld Social Security ta
bogdanovich [222]

Answer:

B) $77,350

Explanation:

Gross payroll=$100,000

Social Security taxes =6.20%

6.20/100×$100,000

=0.062×$100,000

=$6,200

Medicare taxes = 1.45%.

1.45/100×$100,000

=0.145×$100,000

=$1,450

federal and state income tax =15%

15/100×$100,000

=0.15×$100,000

=$15,000

Total Withholdings=

$6,200+$1,450+$15,000

=$22,650

Total employee compensation= Gross earnings-total withhold

=$100,000-$22,650

=$77,350

4 0
3 years ago
In early December, the Snowland Resort was paid $1,600 by a company to host its holiday party that month.
Svetlanka [38]
The answer is a which is profit
4 0
2 years ago
Red Sox Corporation wants to purchase a new machine for $350,000. Management predicts that the machine can produce sales of $205
Cloud [144]

Answer:

The payback period for the new machine is 3.5 years.

Explanation:

Pay Back Period: The pay back period shows that period in which the borrower has to repay the borrowed amount taken by the financial institution.

In Mathematically,

Payback Period = Initial Investment ÷ Annual cash inflows

where initials investment is $350,000 given

And, the annual cash flows is to computed which is shown below:

= Sales - all expenses - Depreciation - tax rate + depreciation

where,

Sales - all expenses - Depreciation = Net income before tax

Net income before tax - tax rate = Net income after tax

Net income after tax +  depreciation = Annual cash inflows

And Depreciation = (Purchase cost - Residual value) ÷ Useful life

So,

Depreciation = $350,000 ÷ 5 = $ 70,000

$205,000 - $85,000 - $70,000  = Net income before tax = $50,000

$40,000 - 35% = Net income after tax = $32,500

$32500 + $ 70,000 = Annual cash inflows = $102,500

Since the depreciation is non cash expense, so it is added back.

Now Payback period = Initial Investment ÷ Annual cash inflows

                                   = $350,000 ÷ $102,500

                                   = 3.5 years.

Thus, the payback period for the new machine is 3.5 years.

8 0
3 years ago
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