Answer:
EBIT
Explanation:
TIE = EBIT/ Interest expense
So, TIE = EBIT/ Interest expense = 3.5 ⇒ EBIT = 3.5 * Interest expense
Answer:
ADDITIONAL REVENUE & ADDITIONAL COST
Explanation:
If Korey has made the decision to bring on an extra hand to help run the store in the afternoons and the new employee will make $435 per month; then there are 2 changes that will happen to the monthly net income
1. Increased Revenue: Since the new employee will be bringing in additional revenue of $435, then the direct impact of that is an increment in the revenue line of the income statement
2. Increased Costs: Secondly, this change will affect Korey's monthly net income in the area of cost because he has to pay the extra hand some sort of monthly salaries which will have a reducing effect on profit.
At the start of the 2008/2009 financial crisis, the fed supplied reserves to the banks in an attempt to pump reserves into the banking system. Therefore, the option C holds true.
<h3>What is the significance of bank reserves?</h3>
Bank reserves can be referred to or considered as the free flow of liquid cash that a bank keeps with itself as a part of the emergency situation resolution.
During the time of a financial crisis, the bank reserves are usually down. In this case, the central bank increases the supply of reserves in order to make certain that the banks in the country do not experience a collapse.
Therefore, the option C holds true and states regarding the significance of the bank reserves.
Learn more about bank reserves here:
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The question seems to be incomplete. It has been added below.
At the start of the 2008/2009 financial crisis, the fed ________ in an attempt to pump reserves into the banking system.
A. Took debts
B. Printed less currency
C. Supplied reserves
D. Distributed bonds
The amount that each of them need to pay to buy a whole pie together is $1.50.
Using this formula
Amount=Selling price of pie/Number of kids
Where:
Selling price=$7.50 each
Number of kids=5
Let plug in the formula
Amount=$7.50 / 5
Amount= $1.50
Inconclusion the amount that each of them need to pay to buy a whole pie together is $1.50.
Learn more about selling price here:brainly.com/question/9725460
