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inessss [21]
3 years ago
9

What picture pops into your head when you hear the word "criminal"? Describe in what you see in detail. What picture pops in the

ir head when you hear the words "white collar criminal"? Describe in what you see in detail. In your opinion, what is the difference in what you see and why?
Business
1 answer:
myrzilka [38]3 years ago
8 0

When I hear the word criminal, I think of someone who did something bad, really bad. This person probably stole a large item or robbed a bank for a large lump-sum of money. When I hear white collar criminal, I think of someone who stole from a company they work for or family member, even though they did not need to steal anything as they are well-off.

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Answer:

The cost basis for the land is equal under both options.

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The only real difference is that if Taylor decides to assume the mortgage, he will need a smaller initial cash flow ($150,000).

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Answer:

times interest earned= 9.49

Explanation:

Giving the following information:

Ron Landscaping's income statement reports net income of $75,200, which includes deductions for interest expense of $13,200 and income taxes of $36,900.

First, we need to calculate the income before taxes and interest expense:

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Now, to calculate the times interest earned we need to use the following formula:

times interest earned= EBIT/ interest expense= 125,300/13,200= 9.49

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