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.
The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.
The special program that they have conducted to the infants worked. The experiment was a success. And because of this, they could conduct more, special programs and even in a larger amount of infants they can conduct this. This special program is really beneficial to each and every one of them.
Answer:
Simple Interest=P*r*n= $20 million * 0.18 * 1= $3.6 million
Therefore amount accumulated= $20 million + $3.6 million = $23.6 million
Amount accumulated through Compound Interest=P×(1+r) ^t
= $20 million( 1+0.18/12)^12= $23.912 million
Explanation:
Simple interest is based on the principal amount of a loan or deposit, while compound interest is based on the principal amount and the interest that accumulates on it in every period.
