Cash Coverage ratio indicates if a firm has enough cash to pay of its interest expenses. The ideal ratio to be maintained by a firm is 1:1. This can be given by the following formula:
Cash Coverage Ratio=
Cash Coverage Ratio=
Cash Coverage Ratio=28.38
Assumption: Cost includes Depreciation, thus depreciation is added back, To find Cash Profits before Interest and Taxes.
Answer:
b)Examples of organizational citizenship behaviors
Explanation:
organizational citizenship behaviors can be explained as the commitment showed by a person in a particular organization, whenever an employee display organization citizenship behavior then there will be team work and as a result of this effectiveness and efficiency in the organization will be recorded.
The instances of organizational citizenship behaviors that should be noted are ; Self-development, individual initiative and organizational loyalty.
Answer:
Availability bias
Explanation:
A manager has a very critical responsibility to evaluate employees from time to time. In that regard, the manager should not be bias otherwise it can badly affect the overall performance of a firm or organisation. In the above example, the manager's perception is affected by availability bias; it is a problem in which managers feel that available data is sufficient to form a conclusion.
Answer:
$262,900
Explanation:
Net purchases = Purchases - Purchase return and allowances
Net purchases = 269500 - 14500
Net purchases = $255000
Cost of goods available for sale = Beginning Inventory + Net Purchases
Cost of goods available for sale = 45300 + 255000
Cost of goods available for sale = $300300
Cost of Goods sold = Cost of goods available for sale - Ending inventory
Cost of Goods sold = 300300 - 37400
Cost of Goods sold = $262,900
So, Coronado's cost of goods sold under a periodic inventory system is $262,900.
Her daily periodic interest rate is 0.05%, her monthly periodic interest rate is 1.58%, and her semiannually periodic interest rate is 9.5%.
APR stands for the annual percentage rate of an interest rate of a person. The periodic interest rate is the portion of an annual percentage rate based on a specified period such as daily, monthly, and semi-annually. The Periodic interest rate is calculated by dividing the APR by the specified period such as 365 for the daily period, 12 for the monthly period, and 2 for the semi-annual period<span>.</span>