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riadik2000 [5.3K]

3 years ago

14

Zoom sales last year were $435,000, its operating costs including Depreciation were $362,500, and its interest charges were $12,

500. What was the firm's times-interest-earned (TIE) ratio?

1 answer:

Ostrovityanka [42]3 years ago

8 0

Answer:

374,000

Explanation:

because 362,500 plus 4,000 equals 364,500 add the last 10,000 and you have 374,500 add the 500 and now you have 375k

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A _______ is a prediction stated in a way that permits it to be tested.

DochEvi [55]

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3 years ago

Say a certain manufacturing industry has 63.1 thousand jobs in 2008, but is expected to decline at an average annual rate of 1.7

ss7ja [257]

Answer:

so correct option is b. -27%

Explanation:

given data

job manufacturing industry = 63.1 thousand

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time period = 10 year

solution

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5 0

3 years ago

Read 2 more answers

The following monthly data are available for Coronado Industries. which produces only one product: Selling price per unit, $38;

In-s [12.5K]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit= $38

Unit variable expenses= $14

Total fixed expenses= $42,000

Actual sales for June= 3000 units.

First, we need to calculate the break-even point in dollar using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 42,000/ [(38 - 14)/38]

Break-even point (dollars)= $66,500

Now, we can calculate the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= (3,000*38 - 66,500)

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4 years ago

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KengaRu [80]

Answer:

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They are able to serve multiple functions.

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Time can be allocated to different endeavours.

Same applies to energy. It can be focused on pursuing various objectives

8 0

3 years ago

We know that the longer a person saves, the more time their savings have to compound and grow. Given that fact, why do you think

vivado [14]

Answer:

The illusion of time

Explanation:

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3 years ago