1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luden [163]
2 years ago
7

EBIT goes from $30M to $33M; Depreciation goes from $10M to $12M; and interest expense goes from $6 M to $8M.1. What is the perc

ent change in the numerator of the cash coverage ratio?2. What is the percent change in the denominator of the cash coverage ratio?A. 13.33%; 12.50%B. 12.50%; 33.33%C. 8.45%; 15.38%D. 13.33%; 33.33%
Business
1 answer:
Alekssandra [29.7K]2 years ago
6 0

Answer:None of the above= 10% and 33.33%

Explanation:

Coverage ratio EBIT/Interest expenses

Change in numerator =3/30*100

Change in denominator= 2/6*100

You might be interested in
Acme, Inc., incurs the following costs during May:
chubhunter [2.5K]

Answer:

Particulars                                            Amount

Raw material used                               $18,600

Add: Direct labor                                 $26,600

<u>Overhead costs</u>

Factory supplies                 $3,100

Plant depreciation              $6,800

Indirect labor                      $8,600

Utilities ($10,600*80%)       <u>$8,480</u>  

Total overhead cost                             <u>$26,980</u>

Total manufacturing costs                 <u>$72,180</u>

8 0
2 years ago
What is the stock price per share for a stock that has a required return of 16%, an expected dividend $2.7 per share, and a cons
Anit [1.1K]

Answer:

Price of stock = $49.5

Explanation:

<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return. </em>

If dividend is expected to grow at a given rate , the value of a share is calculated using the formula below:  

Price of stock=Do (1+g)/(k-g)  

Do - dividend in the following year, K- requited rate of return , g- growth rate  

DATA:

D0- 2.7

g- 10%

K- 16%

Price of stock = ( 2.7×1.1)/(0.16-0.1) = 49.5

Price of stock = $49.5

3 0
2 years ago
Total assets of Charter Company equal $700,000 and its equity is $420,000. What is the amount of its liabilities? b. Total asset
guajiro [1.7K]

Answer:

a. Total liabilities = $280,000

b. Total liabilities = $250,000

Total equity -= $250,000

Explanation:

As we know that

Total assets = Total liabilities + shareholder equity

So in the first case

The amount of the liabilities is

Total liabilities = Total assets - Total equity

                        = $700,000 - $420,000

                        = $280,000

And, in the second case, the total assets is $500,000

And, the liabilities and equity amounts are equal to each other

So in this case, the liabilities is $250,000 and the equity is $250,000

3 0
3 years ago
The striking dock workers on the west coast refused to unload the ships carrying merchandise for retail stores. These stores suf
son4ous [18]

Answer:

indirect loss, cannot be

Explanation:

Indirect losses refers to a type of loss that incurred outside of circumstances that usually occur in normal operation. (such as loss because the government created a certain type of law or loss because people are conducting strikes on other areas of our business)

Insurance companies can't cover Indirect losses because these costs tend to be really unpredictable and extremely hard to be measured .  They will specify that they wouldn't cover these types of loss during the initial cotnract.

4 0
3 years ago
Julie is 25 years old and living in an apartment. She is thinking about quitting her job and returning
sergeinik [125]

Answer:

Explanation:

Julie is 25 years old and living in an apartment. She is thinking about quitting her job and returning

to college. Consider the following costs: tuition, the cost of books and supplies and rent.

Rent is

A. not a cost associated with college

B. an explicit cost of attending college

C. an implicit cost of attending college

5 0
2 years ago
Other questions:
  • Jay Miller insured his pizza shop for $200,000 for fire insurance at an annual rate per $100 of $.49. At the end of 10 months, J
    5·2 answers
  • Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreemen
    8·1 answer
  • In Sid's Surf Shop, there is a 10-foot long surf board on legs with swimwear on it near the entrance to the department where sur
    10·1 answer
  • Avalos Corporation is preparing its annual financial statements at December 31 of the current year. Listed here are the items on
    7·1 answer
  • Haas Company manufactures and sells one product. The following information pertains to each of the company’s first three years o
    11·1 answer
  • he table gives the demand and supply schedules for boat rides. If the demand of boat rides increases by 40 rides a​ day, the pri
    10·1 answer
  • A company with 100,000 authorized shares of $4 par common stock issued 40,000 shares at $8. Subsequently, the company declared a
    9·1 answer
  • Seeking to obtain as high a financial return on their investments (ROI) as possible, firms will often set __________ goals
    7·1 answer
  • You can lead a horse to water but you can't make it drink. How might this adage be relevant to expansionary monetary policy?
    15·1 answer
  • Suppose the government has determined that the socially optimal quantity of chemical pollution is 175 million tons per day. One
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!