Answer:
the times interest earned ratio is 5.87 times
Explanation:
The computation of the times interest earned ratio is shown below:
Interest expense is
= Bonds payable × Interest rate
= $1,106,989 × 6%
= $66,419
Now
Times interest earned ratio is
= (Income before income tax for year + Interest expense) ÷ Interest expense
= ($323,108 + $66,419) ÷ ($66,419)
= 5.87 times
Hence, the times interest earned ratio is 5.87 times
A savings account is called a time deposit because the bank can require you to make prior notice before withdrawal.
What is a time deposit?
The time deposit means a deposit kept in bank's custody which cannot be withdrawn before a particular date or can only withdrawn by notifying the bank of the withdrawal date well ahead.
The most common example of time deposit is the certificate of deposit(CD), which is the document issued to a depositor stating the amount that has been deposited, the duration of deposit, the interest rate applicable including the earliest date upon which withdrawal from the account can be initiated or executed.
In this case, the missing word is time, which when combined with deposit gives time deposit.
Find out more about the mechanics of time of deposit on:brainly.com/question/25787382
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Answer:
Municipal Revenue bonds are bonds that are serviced from the income accrued from a project that the bond was used to embark on.
They can therefore be serviced by a variety of income methods that accrue from the projects such as;
- User fees for using the asset built
- Special taxes
- Lease rentals in cases where the asset is leased out
- Excise taxes
- Other Non Ad-valorem taxes that result from benefits attached to usage of the asset built.
Re-stocking: restock <span>(redirected from restocking)</span>
<span>Also found in: </span>Thesaurus<span>, </span>Legal.<span>re·stock (rē-stŏk′)tr.v. re·stocked, re·stock·ing, re·stocksTo furnish new stock for; stock <span>again.
-the free dictionary by farlex.
</span>LINK: https://www.thefreedictionary.com/restocking<span>
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Answer:
Correct Answer:
B. takes its origin from two sources: management consultant D. Edward Deming and Italian economist Vilfredo Pareto.
Explanation:
<em>In the public information training series, the best option for the theme in question which was been described is the Option B which shows that, it got its origin from two different sources.</em>