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3 years ago

Assume a companys income statefor year 9 is as follows:

Business

1 answer:

Fofino [41]3 years ago

6 0

Answer:

14.91 and 24.77%

Explanation:

The computation of the company interest coverage ratio is shown below:-

Interest coverage ratio = Earning before interest and tax ÷ Interest

= $161,000 ÷ $10,800

= 14.91

Operating profit margin = (Earning before interest and tax ÷ Revenue) × 100

= $161,000 ÷ $650,000 × 100

= 24.77%

Therefore we have applied the above formula and hence option is not available.

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2 years ago

Define the law of demand in a perfectly competitive market

xz_007 [3.2K]

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3 years ago

Business ____ is an overview that describes a company's overall functions, processes, organization, products, services, customer

nirvana33 [79]

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3 years ago

What is the difference between apparatus and materials?

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3 years ago

According to the theory of liquidity preference, if the supply of real money balances exceeds the demand for real money balances

Sedbober [7]

Answer:

Sell interest-earning assets in order to obtain non-interest-bearing money

Explanation:

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According to the liquidity preference theory investors will sell their interest bearing assets and go for assets with high liquidity (non Interest bearing money)

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3 years ago

Read 2 more answers