Answer:
Option E is correct
An increase in the depreciation expense will not affect the cash coverage ratio.
Explanation:
Option E is correct
An increase in the depreciation expense will not affect the cash coverage ratio.
Cash coverage ratio tells us if firm is capable of paying its current liabilities with the cash or cash equivalent. It can not allow other assets to be used for paying the current liabilities.
Formula for Cash Coverage ratio:
Cash Ratio=
So, Cash coverage ratio is independent of expenses whether it is a depreciation or some other expense.
Answer:
=$337.43
Explanation:
The value of each of the coins after 50 years is the future value after 50 years at their respective interest rate.
The formula for future value is FV = PV × (1+r)n
For the first coin at 5.2 percent,
Fv = 100 x ( 1 + 5.2/100 ) 50
Fv =100 x (1+ 0.052) 50
Fv = 100 x 12. 61208795
Fv = $1,261. 21
For the second coin at 5.7 percent,
Fv = 100 x (1 + 5.7 /100)50
Fv =100 x (1 + 0.057 )50
Fv = 100 x 15.98
Fv = 1, 598. 64
the difference in value will be
=$1598.64 - $1,261.21
=$337.43
D. all of the above
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Answer:
5,069 units
Explanation:
The computation of the units sales to achieve monthly target profit is shown below:
Unit sales is
= (Fixed cost + target profit) ÷ (contribution margin per unit)
= ($437,240 + $24,000) ÷ ($185 - $94)
= ($461,240) ÷ ($91)
= 5,069 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Windows Explorer is known as file manager in the MS Windows. Explanation: File Explorer is previously known as the Windows Explorer that is the file manager application which is included with the releases of Microsoft Windows OS(Operating System) from the Windows 95.
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