Creditors are interested in the times interest earned ratio because they want to "<span>have adequate protection against a potential drop in earnings jeopardizing their interest payments".
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The times interest earned ratio is also known as interest coverage ratio, which measures the capacity of an association to pay its obligation commitments. The proportion is generally utilized by banks to discover whether an debt borrower can bear to assume any extra obligation. It might be figured as either EBIT or EBITDA divided by the aggregate interest which is payable.
I think the correct answer is A. Investors who buy preferred stock receive dividends after the common stock shareholders. Preferred stock is a stock type that gives right to the owner a fixed share of the company's profit or fixed dividend.
Answer:
$75,240
Explanation:
Given that,
Consumer price index in 1999 = 170
Salary in 1999 = $44,000
Consumer price index in 2016 = 290
Therefore, the required salary is calculated as follows:
= Salary in 1999 × (Consumer price index in 2016 ÷ Consumer price index in 1999)
= $44,000 × (290 ÷ 170)
= $44,000 × 1.71
= $75,240
Hence, the amount of salary have to earn in 2016 in order to equal your 1999 real income is $75,240.
Answer: False
Explanation:
The statement that as people become more powerful, they tend to become less goal-oriented, less motivated, and more focused on gaining additional power is false.
When people become more powerful, such people become motivated to achieve organizational aims and achieve greater things. Also, they become more empowered which helps in increasing their job satisfaction and morale.
