I think small stuff makes such a difference for businesses because you have to take risk if you want to be successful and with those little risks the businesses are successful
Answer:
5.1
Explanation:
Times interest earned ratio can be described as the ability of an organisation to make their debt payment within the stipulated period of time
The formular for calculating Times interest earned ratio is
= Earnings before interest and tax/Total interest payable
The interest exsense can be calculated as follows
Interest expense= $826,000×10/100
= $82,600
Since the income generated before income tax is $342,000
The time interest earned ratio is calculated as follows
= $342,000+ $82,600/$82,600
= $424,600/$82,600
= 5.14
= 5.1 ( rounded to 1 decimal place)
Hence the Times interest earned ratio is 5.1
Answer:
7.5 times
Explanation:
Inventory turnover =
We have been provided that,
Cost of goods sold = $15,000,000
Average inventory for the year = $2,000,000
Therefore, Inventory Turnover ratio =
= 7.5 times
It means on an average how many times the inventory is sold, and replaced during the period.
Answer:
Features
Explanation:
Product features are the things <em>that will provide benefits</em> to the customer. A low price provides the benefit of saving money. Great gas mileage is a feature that provides the benefit of longer times before stopping for gas, helping the planet, and saving money.
Another example: fast internet speeds are a <em>feature </em>with the <em>benefit </em>that you can look up information that you need quickly and easily.
Answer:
The correct answer is option B.
Explanation:
An increase in the price level would cause consumer spending to decrease as the purchasing power of the consumer will decline. This will cause the quantity of total output to decrease.
As a result, there will be an upward movement on the same aggregate demand curve, indicating a contraction in the economy.
A decrease in the price, on the other hand, would cause an expansion in the economy. It would be indicated by a downward movement on the same curve.