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Nataly [62]
3 years ago
6

If Company A has a TIE ratio of 3 and Company B has a TIE ratio of 1.2, then Company A is more likely to __________ than Company

B.
Business
1 answer:
irakobra [83]3 years ago
7 0

Answer: be able to honor its debt payment

Explanation:

The times interest earned (TIE) ratio is typically used to know the ability of a particular company to pay its debt based on the current income that the company has. It is gotten by dividing the earnings before interest and taxes by the total interest that is payable on the debt.

Since Company A has a TIE ratio of 3 and Company B has a TIE ratio of 1.2, then Company A is more likely to pay its debt than Company B.

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Discuss factors that promote national building
BlackZzzverrR [31]

Answer:

Nation-building is a normative concept that means different things to different people. The latest conceptualization is essentially that nation-building programs are those in which dysfunctional or unstable or "failed states" or economies are given assistance in the development of governmental infrastructure, civil society, dispute resolution mechanisms, as well as economic assistance, in order to increase stability. Nation-building generally assumes that someone or something is doing the building intentionally.

3 0
3 years ago
Your customer calls you in the morning and tells you to lock the interest rate at the 5.5% you initially disclosed. You commit t
Lorico [155]

Answer: You or your company should pay the $500 and lock the rate.

Explanation:

You had already given your customer reasonable assurance that you would lock the rate so this is what they expect. You must therefore do as you have promised to your customer regardless of what the cost would be because the fault here lies with you.

You should therefore pay the $500 unless there is some company policy that allows them to pay it instead. Once done, you will be able to lock in the rate and fulfill your obligation to your customer.

3 0
3 years ago
Starbooks Corporation provides an online bookstore for electronic books. The following is a simplified list of accounts and amou
Sauron [17]

Answer:

1 Required: 1-a. Prepare an adjusted trial balance at September 30, 2018.

Explanation:

Starbooks  

Adjusted trial balance  

 

d Cash                           $ 295  

d Account receivable  $ 295  

d Supplies                      $ 495  

d Equipment $           3.195  

c Accumulate depreciation            $ 895

d Prepaid Rent                   $ 95  

c Account Payable                             $ 595

c Notes Payable (short-term)              $ 495

c Deferred Revenue                          $ 195

c Notes Payable (long-term)                  $ 195

c Common Stock                                       $ 195

c Retained Earnings                               $ 1.495

c Service Revenue                                 $ 6.185

c Interest Revenue                                    $ 95

d Salaries Expense $ 2.195  

d Depreciation Expense $ 295  

d Income Tax Expense $ 295  

d  Rent Expense      $ 395  

d Supplies Expense      $ 195  

d Travel Expense   $ 2.595  

 

                       Total $ 10.345 $ 10.345

5 0
4 years ago
If the economy were encountering a severe recession, proper monetary and fiscal policies would call for:
Alexxx [7]
For purchasing government securities, diminishing the save proportion, lessening the markdown rate, and a budgetary deficiency. The Economic recession is a time of general monetary decrease and is normally joined by a drop in the share trading system, an expansion in joblessness, and a decrease in the lodging market. For the most part, a retreat is less extreme than a wretchedness.
4 0
3 years ago
Which of the following statements about lump-sum taxes is correct A. A lump-sum tax means that tax revenues vary directly with G
Deffense [45]
D

Lump-sum taxes are described as regressive taxes, meaning that the more income one has, the less they pay in proportion of their income to tax. As a result, they all pay the same, which coincides with D.
3 0
3 years ago
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