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2 years ago

In the following information, what is the times interest earned ratio?

Business

1 answer:

Ilya [14]2 years ago

7 0

Answer:

TIE = 150,000 / 5,000 = 30

Explanation:

Times Interest Earned (TIE) = Earnings Before Interest and Tax (EBIT) / Interest Expense

TIE ratio shows the ability of a company to meet its interest payments on its debt (solvency), expressed in times.

In this case 3.33% of the operating profits goes towards servicing the debt or the operating income are 30 times the annual interest expense.

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The detailed record indicating the data for each employee for each payroll period and the cumulative total earnings for each emp

Keith_Richards [23]

The detailed record indicating the data for each employee for each payroll period and the total earnings and the cumulative earnings are give in the payroll register

Explanation:

When the names of he employee with the detailed information of the personal data with the time to time period of works the monthly works the weekly works and the employee who works over time

Then the gross pay the net deductions the sick pay and all the other pay are calculated the total earnings after that the cumulative earnings are calculated and given in the payroll register

6 0

3 years ago

In which step of the production process are

Rainbow [258]

Answer:

processing

Explanation:

7 0

3 years ago

The estimated factory overhead cost for a Co. is $1750000 for the year. Direct labor hours are estimated to be 500000. Determine

Nataly [62]

Answer:

Results are below.

Explanation:

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,750,000 / 500,000

Predetermined manufacturing overhead rate= $3.5 per direct labor hour

Now, we can allocate overhead to Job 50 and 51:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Job 50:

Allocated MOH= 3.5*20,000

Allocated MOH= $70,000

Job 51:

Allocated MOH= 3.5*24,000

Allocated MOH= $84,000

Finally, the under/over applied overhead:

(We weren't provided with enough information)

Under/over applied overhead= real overhead - allocated overhead

8 0

3 years ago

CL Inc., a new firm, used mass media to gain traction among customers. The company used sales promotions and public relations to

Archy [21]

Answer:

integrated marketing communications

Explanation:

Interpreted marketing communications is a method that employs all communication tools so that they can work harmoniously. Integration of various means of communication leads to higher productivity.

In this instance CL Inc used sales promotions and public relations to achieve the long-term targets and goals identified by the top management. It also direct marketing on a project to project basis.

8 0

3 years ago

Read 2 more answers

Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For the month of August, th

Svetlanka [38]

Answer:

Total cost= $43,344

Explanation:

Giving the following information:

Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For August, the company planned for an activity of 118 births.

To calculate the budgeted cost, we need to use the following formula:

Total cost= total fixed cost + unitary variable cost*number of units

Total cost= 2,280 + 348*118

Total cost= $43,344

3 0

3 years ago