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Sloan [31]
3 years ago
5

A company reports the following: Income before income tax $387,520 Interest expense 69,200 Determine the times interest earned.

Round your answer to one decimal place.
Business
1 answer:
katen-ka-za [31]3 years ago
8 0

Answer:

6.6

Explanation:

The formula and the computation of the times interest earned is shown below:

Times earned interest = (Earnings before income tax and interest expense) ÷ (Interest expense)

where,

Earnings before income tax and interest expense is

= $387,520 + $69,200

= $456720

And, the interest expense is $69,200

So, the times interest earned ratio is

= $456,720 ÷ $69,200

= 6.6

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A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability th
3241004551 [841]

Answer:

c. 0.0819

Explanation:

The mean = 0.85

standard error of the proportion is:     sp = sqrt(pq/n)

= sqrt ((.85)(0.15) / 51) = 0.05

P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )

= P(1.23 < z < 1.92)

= P(z < 1.92) - P(z < 1.23) = 0.0819

8 0
2 years ago
How are eggs processed to prepare them for shipping and purchasing by a consumer.
horsena [70]

According to the manufacturing process, the eggs are processed to prepare them for shipping and purchasing by a consumer through the use of an <u>automated machine, called a “breaker</u>."

<h3>What is the Automated Machine known as Breaker?</h3>

The automated machine known as the <u>breaker</u> in the processing and preparation of eggs is known to break the eggshell, and most often segregates the yolks from the whites.

Typically, these eggs are then pasteurized and processed into liquid, frozen or powdered form to be utilized in restaurants and bakeries or to make other products such as mayonnaise or shampoo.

<h3>The processing of eggs usually involved the following process or steps:</h3>
  • breaking,
  • filtering,
  • mixing,
  • stabilizing,
  • blending,
  • pasteurizing,
  • cooling,
  • freezing
  • drying, and
  • packaging.

Hence, in this case, it is concluded that the correct answer is the use of the <u>automated machine, called a “breaker."</u>

Learn more about Egg Processing here: brainly.com/question/14243761

#SPJ1

8 0
1 year ago
True or false: job descriptions are generally updated as job duties or job specifications change
Sauron [17]
It would be true, because the description rely on the duties and specifications.
3 0
3 years ago
Martin Enterprises needs someone to supply it with 120,000 cartons of machine screws per year to support its manufacturing needs
ANEK [815]

Answer:

The Bid Price you should submit is $15.45

Explanation:

NPV = -795000 + 143000*(1-21%)/1.09^5-70000 + 70000/1.09^5 + ((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5)

        => -795000 + 143000*(1-21%)/1.09^5 - 70000 + 70000/1.09^5 +((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5) >=0

      =>P = 15.446118865171

Therefore, The Bid Price you should submit is $15.45

6 0
3 years ago
How did you feel while you were discussing your inventories with your family members
Law Incorporation [45]
Felt pretty alright yo 
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3 years ago
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