The times-interest-earned ratio is one indication of a firm's ability to meet both long-term and short-term obligations. - True
<h3>
What is Short term obligations?</h3>
- Current liabilities, often known as short-term debt, refer to a company's debts that are due to be repaid within a year.
- Short-term bank loans, accounts payable, salaries, lease payments, and income taxes payable are typical examples of short-term debt.
- The quick ratio is the most often used indicator of short-term liquidity and is crucial in evaluating a company's credit rating.
To learn more about short-term debt, refer to the following link:
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We have originally sent 3571 emails.
<u>Solution:</u>
Let x be the number of emails originally sent.
We know that, 
Therefore, 
On solving for x
, divide by 0.07 both sides
Therefore, number of mails sent 3571.
Answer:
$6,800
Explanation:
Calculation for How much of a tax deduction will Kaye be able to deduct (assume 10% floor for deduction)
Tax deduction=$11,600-(10%*$48,000)
Tax deduction=$11,600-$4,800
Tax deduction=$6,800
Therefore the amount of tax deduction that Kaye will be able to deduct (assume 10% floor for deduction) is $6,800
