Answer:
Country B has a comparative advantage producing coal.
Explanation:
I believe this is correct, if not let me know and I will fix it. I'm sorry in advance if it is incorrect.
Answer:
In the first part of the question we calculate that Park's times interest earned ratio is $1885000 / $145000 = 13 times
if Park's competitor has a times earned ratio of 4, it means that Park is in a much better financial position to make interest payments.
The times interest earned ratio measures how many times a company can pay their interest expense with their current EBIT or operating revenue. The higher the ratio, the better since it shows a healthier financial position.
Neither park nor its competitor are currently at risk of not paying their debt, but what happens if something goes wrong and sales decrease or costs increase? Or everyone has to stay home for a while? Park can handle a bad economy better than its competitors.
Answer:
$2,496
Explanation:
Marcella's overvlauation = $38,000 - $12,000 = $26,000
It is more than twice the fair value of the sculpture ($12,000 x 2 = $24,000), so her penalty will be doubled.
The normal penalty = 20% x $6,240 = $1,248
Double the penalty = $1,248 x 2 = $2,496
What could reduce potential conflicts of interest is the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions
Let understand that Shareholders are basically the “owners” of the company and they are entitled to dividend payments and stock price appreciation because they bought shares.
Let understand that Managers are the people or officers who manage the company (& shares) on a daily basis.
- Now, there can be conflicts of interest between stockholders and managers because of disagreement on what should be and not.
- The major actions that can help to reduce this conflict are covenants in bond agreements. By reason of this, the manager of limited on what to do with the funds of the shareholders and can be penalized if found defaulted by law.
Learn more about covenants in bond agreements
<em>brainly.com/question/15735678</em>
Car leases or phone bills that have contracts