Why is it important to have a positive credit history when using credit to purchase an automobile ?

Ajax Corp's sales last year were $400,000, its operating costs were $362,500, and its interest charges were $12,500. What was th

Gala2k [10]

Answer:

times-interest-earned ratio will be 3

So option (a) will be correct answer

Explanation:

We have given total sales = $400000

Operating expenses = $362500

And interest charges = $12500

So earning before interest and taxes = sales - operating cost = $400000 - $362500 = $37500

We have to find the times-interest-earned ratio

So times-interest-earned ratio is given by

times-interest-earned ratio = $\frac{earning\ before\ interest\ and\ taxes}{interest\ expense}=\frac{37500}{12500}=3$

So option (A) will be correct option

7 0

4 years ago

On January 1, 2021, Yancey, Inc. signs a 10-year noncancelable lease agreement to lease a storage building from Holt Warehouse C

Tom [10]

Answer:

The correct answer is D At the termination of the lease, the title to the building will be transferred to the lessee.

Explanation:

8 0

4 years ago

17. Use the table below to draw a component bar chart and multiple bar chart. Maize (tons) Millet (tons) Rice (tons) 60 20 20 70

Nat2105 [25]

See attachment for the component bar chart and the multiple bar chart

<h3>How to draw the bar charts?</h3>

The table of values is given as:

Maize (tons) Millet (tons) Rice (tons) Year

60 20 20 2012

70 30 10 2013

20 45 70 2014

40 80 50 2015

35 40 60 2016

<u>The component bar chart</u>

Here the bars of each year are stacked upon one other for each year

i.e. the bar chart will look as follows

Maize

Millet

Rice

Year

Next, we enter the values on the table of values in a graphing tool

See attachment for the component bar chart

<u>The multiple bar chart</u>

Here the bars of each year are stacked upon one other for each year

i.e. the bar chart will look as follows

Maize Millet Rice

Year

Next, we enter the values on the table of values in a graphing tool

See attachment for the multiple bar chart

Read more about bar chart at

brainly.com/question/16193777

#SPJ1

7 0

2 years ago

involves defining and documenting the features and functions of the products produced during the project as well as the processe

Sav [38]

Answer:

The correct answer is d. Collecting requirements.

Explanation:

The requirements include the quantified and documented needs, wishes and expectations of the sponsor, the client and other stakeholders.

They must be formally documented and formally approved.

This process allows managing the expectations of the interested parties and documenting the needs to turn them into project requirements.

It provides the basis for defining and managing the scope of the project, including the scope of the product.

5 0

4 years ago

Jaime draws up a promissory note that uses permanent paint, payable to nadia, on the side of a large immovable boulder. under th

Varvara68 [4.7K]

Answer:

The answer is: Invalid

Explanation:

The Uniform Commercial Code (UCC) requires that financial instruments need to be freely transferable. In order for a written instrument to meet this requirement, they must be moveable. Since Jaime wrote the promissory note on the side of large immovable boulder, it doesn't qualify as moveable. So the promissory note is invalid.

7 0

4 years ago