cash coverage ratio: <span>
</span>
Earnings Before Interest
and Taxes + Non-Cash Expenses / Interest Expense <span>
16,085/(1-tx) = 16,085 / 0.60 = 26,808.33 <earnings before
taxes
add back interest of 3,896 and depreciation of 2,575 = 26,808.33
+ 3896 + 2575 = 26,808.33
solve:
26,808.33 / 3896<int exp = 6.88
<span>so cash was 6.88 x interest expense </span></span>
Answer:
personal loan is a specific amount of money you can borrow from the bank, with a fixed interest rate and you pay it back within a predetermined amount of time.
Select the account that would be decreased if the owner of hillary's hair salon decides to withdraw $40 for personal use. 'cash'
therefore the correct option is Cash
Personal Use
Any usage that does not meet the requirements for Commercial Use is considered Personal Use. Use for strictly personal objectives is referred to as personal, or non-commercial, use. A use must satisfy ALL THREE of the following requirements in order to be deemed "Personal":
The use cannot entail a currency exchange.
The use can't be used to advertise a company (this includes non-profit organizations)
There must be no financial gain from the use, either directly or indirectly.
The use is classified as "Commercial" if one or more of the requirements are not satisfied.
To learn more about Personal Use
brainly.com/question/27034337
#SPJ4
The theory that tax cuts can raise supply is called "supply side economics" or "trickle down economics." These policies were strongly supported by the Reagan Administration in the United States during the 1980s in the hopes of promoting economic growth. The theory functions that the cutting of taxes will help to promote economic growth and development.
