Hello!
Time interest earned ratio=income before tax and interest expenses÷interest expenses
3=X÷40000
Solve for x
X=3×40000
X=120000 This is income before tax and interest expenses but we need to figure out earning before tax only as required so
Earning before tax=120,000−40,000
=80,000. Answer
Good luck!
Answer:
The correct answer is d. c. structural unemployment.
Explanation:
Structural unemployment is due to the fact that the number of existing jobs is insufficient to give employment to everyone who wants a worker (active population).
When a union raises wages above the equilibrium level, it increases the supply of employment and reduces demand. This generates unemployment.
• Internal workers benefit from high salaries earned in negotiation collective
• External workers have difficulties in find a job or have to accept a job in a non-union company.
I you go for a shorter term your monthly pay will go up but you interet rate will lower.
A. guaranty arrangement
The third party is providing a guarantee that the lender will recover the debt regardless of the borrower's reputation to pay.
Answer:
True
Explanation:
Prime's net realizable value of accounts receivable = accounts receivable balance - allowance for uncollectible accounts = $100,000 - $7,000 = $93,000
Bad debt expenses have already been debited, so they are no longer part of the allowance for uncollectible accounts.