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sammy [17]
3 years ago
6

What is one difference between the current ratio and the times interest earned ratio??

Mathematics
2 answers:
Neporo4naja [7]3 years ago
5 0
By definition, a current ratio is a quantity that measures a company's capability to settle its obligations, either it could be a short-term or a long-term. On the other hand, an interest earned ratio is a quantity that measures the company's capability to settle its debt balances. 
Mashcka [7]3 years ago
5 0

Answer:

The times interest earned ratio is an indicator of company's ability to meet the interest payments on its debt.

The current ratio is a liquidity ratio that calculates a company's ability to pay short-term and long-term obligations.



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3 years ago
Can someone help me and show your work thanks
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Answer:

D) $8.20

Step-by-step explanation:

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GarryVolchara [31]

Answer:

v= 17

Step-by-step explanation:

Start with the given equation.

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Move -18 to the other side, and swap it's sign.

19v = 16 + 18 + 17v

Move 17v to the other side and swap it's sign.

19v - 17v = 16 + 18

Combine like terms.

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A note with a face value 4300 was discounted at 3%. if discount was 21 dollars. find the length of loan in days
Doss [256]
The annual discount is 3%, therefore the total discount for 1 year would be:

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Hence, the loan duration was 60 days.
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Roman55 [17]

Answer:B

Step-by-step explanation:

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