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SpyIntel [72]
3 years ago
9

Sometimes called the coverage ratio, this ratio measures the risk that interest payments will not be made if earnings decrease.

a.Number of days' sales in inventory b.Times interest earned ratio c.Ratio of fixed assets to long-term liabilities d.Ratio of liabilities to stockholders' equity
Business
1 answer:
tester [92]3 years ago
7 0

Answer:

The correct answer is letter "B": Times Interest Earned Ratio.

Explanation:

Times Interest Earned (TIE) ratio or the coverage ratio tests the capacity of a company to pay off its debts. TIE is calculated by dividing the company's earnings before interest and taxes by the interest that is payable on its debts. A low ratio means the company struggles to pay its debt, and if it fails to meet its obligations, it may face bankruptcy. A high ratio means that an organization can cover its expenses.

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On October 1, 2016, Concord Corp. issued $924,000, 7%, 10-year bonds at face value. The bonds were dated October 1, 2016, and pa
Advocard [28]

Answer:

Tabular summary is attached with this answer in MS EXCEL file.

Explanation:

The journal Entries for the Transactions are as follow

                                                                         Dr.               Cr.

October 1, 2016           Cash                      $924,000

                                    Bond Payable                          $924,000

December 31 , 2016    Interest Expense  $16,170

                                    Interest Payable                       $16,170

Interest Expense = $924,000 x 7% x 3/12 = $16,170

Download xlsx
8 0
3 years ago
Wilma Robles is a District Operations Coordinator. When she visits one of her offices she finds that the office has three open b
PtichkaEL [24]

Answer:

The correct answer is letter "D": Both B and C.

Explanation:

Policies and procedure compliance imply following the Code of Ethics and good procedures every company establishes to ensure employees are not misusing the resources of the firm to their favor or the favor of other individuals. That code establishes the rules all workers must be committed to at the moment of accepting working by the organization.

Thus, <em>Wilma Robles should report the missing Emerald cards to her immediate supervisor and follow-up on the activities of the employees involved. Besides, all the workers in charge of Emerald cards must receive an assessment on how to use those cards according to the company's guidelines</em>.

8 0
3 years ago
The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of: A. The adv
galben [10]

Answer:

The oversupply of hospitals and in-patient beds in the U.S. produced by the Hill-Burton legislation is the result of:

E. A and C

(A. The advent of managed care and C. Technological advances).

Explanation:

Affordable Care Act produced a managed care system that aligns financial incentives to better care at lower costs.  This has eliminated the need for in-patient admissions.  This is because the Affordable Care Act also created Accountable Care Organizations (ACOs) which in turn are focused on boosting preventive efforts in order to attain quality goals.  With preventive healthcare, there is reduced need for in-patient admissions to utilize the hospital beds.

Another factor that has reduced in-patient admissions is the prevailing technological advances, especially in the areas of telehealth and telemedicine.  These have also drastically reduced the need for in-patients at hospitals, thus freeing more hospital beds as patients can now receive healthcare services from even remote locations.

6 0
3 years ago
The market for land is competitive and in equilibrium at the rental rate of $500 per acre and the supply of land is perfectly in
Elina [12.6K]

Answer:

Falls by $100,000

Explanation:

In this question, we are asked to calculate and state what happens when demand for land falls and as a result, there is also a fall in rental rate.

Firstly, we cost the total of 1000 acres. The price of 1000 acres is simply the multiplication of the 1000 acres by the $500 unit price= 500 * 1,000 = $500,000

We now calculate the price or worth of the land when demand falls

This is mathematically equal to 400 * 1000 = $400,000

Now, the net economic rent fall would be $500,00 - $400,000 = $100,000

Hence, there would be a fall of $100,000 as the demand for land falls

5 0
3 years ago
Brandon, a manager at Cerium Corp., is required to provide individual performance feedback to his subordinates. In this scenario
Ilia_Sergeevich [38]

Based on the fact that Brandon has to provide information to subordinates, this communication is at an organizational level.

<h3>What is organizational level communication?</h3>

This refers to communication that takes place between employees of a company as a result of organizational requirements.

Brandon as a manager, has to communicate with other employees who are subordinates so this is organizational level communication.

Find out more on levels of communication at brainly.com/question/26933782.

#SPJ1

6 0
2 years ago
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