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
Answer:
50 hours
Explanation:
Let x represents the number of hours that Kendra needs to work
She gets $6 for one hour so for x hours
6x
She already have $50 so add it
6x + 50
She wants to have a total of $350 so equation becomes
6x + 50 = 350
Now lets solve this equation
6x = 350 - 50
6x = 300
x = 300/6
x = 50 hours
So Kendra have to babysit for 50 hours so that she can buy a new phone for $350
Answer: It is called affective choice
Explanation:
Affective decision-making (ADM) is a debatable and predictive theory of individual choice under risk and uncertainty. It generalizes expected utility theory by positing the existence of two cognitive processes – the “rational” and the “emotional".
Answer:
Total revenue = $950
Explanation:
Total revenue is the total income made from the sales of goods or services. It can be determined in any of the following ways:
- Total revenue = Unit price × Units product sold
- Total revenue = Total cost of cost of sold + Profit
Note that total cost = (unit cost × units purchased) + any other expenses.
So we can apply the above to our question. Specifically, the second relationship is okay.
Total revenue = (10 × $50) + $450= $950
<span>A benefit of this approach is that emission taxes would shift a part of revenue generation from consumption to production.</span>