Answer:
17.10 times
Explanation:
Complete word <em>"Walmart's reported the following amounts on its 2018 income statement E(Click the icon to view the amounts.) What is Walmart's times-interest-earned ratio for 2018? (Round to two decimals.) Times-interest-earned ratio X Data Table Year Ended December 31, 2018 42,000 Net income 6,300 Income tax expense 3,000 Interest expense Print Done"</em>
<em />
EBIT = Net Income + Interest expenses + Income tax expense
EBIT = $42,000 + $3,000 + $6,300
EBIT = $51,300
Times Interest Earned Ratio = EBIT / Interest Expenses
Times Interest Earned Ratio = $51,300 / $3,000
Times Interest Earned Ratio = 17.10 times.
Answer:
Dep expense 428,796
Acc Depp Machine 23,268
Acc dep deposit 405,528
Explanation:
213,5000 machine used in the ore deposit, so it will depreciate at the same rate.
3,721,000 ore deposit
166,200/1,525,000 = 0.108983606
213,500 x 0.108983606 = 23,268
3,721,000 x 0.108983606 = 405,528
Answer:
The amount of the increase to the Cash account is $10,450
Explanation:
<em>Cash account </em>
Cash for services performed during July $900
Cash from the issuance of common stock to owners $5350
Cash received from customer as payment for services performed during June $450
Cash Borrowed from bank $2600
Cash received from customer service to be performed during august $1150
Total sum is Cash account increase of $10,450
Answer:
The answer is: Income statement
Explanation:
As she wants to get information on sales and costs, the Income statement is the statement that she should looking for. With the Balance sheet statement, it only shows information on the financial position reporting the firm's assets, liabilities and owner's equity at a specific point in time rather than the sales and costs firgures during the reporting period.
Furthermore, she should opt for Income statement rather than the common-size income statement because the common-size income statement hardly illustrates any trend during the recent years/ reporting periods, instead, it is only shown each revenue and cost items as percentage of total sales in a specific period.
In the income statement, there should be enough information for the new CFO to find trends on revenues and costs (if any) because the revenue and cost items is detailed enough and at least it should be given the comparision between sales & costs of the reporting period versus the firgures of the previous reporting period.
Answer:
cultural
Explanation:
Based on the scenario being described it can be said that this indicates that Venus Inc. did not understand the cultural environment in India. A cultural environment are the different beliefs, practices, behaviors, and norms that exist in a society. Cows being sacred is a belief in Indian culture, and the lack of this knowledge is what caused the marketing strategy to fail.
