1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oliga [24]
3 years ago
6

Kenesha Co. reported income before interest expense and income taxes of $30,000; interest expense of $3,000; and income taxes of

$4,000. Calculate the times interest earned ratio.
Business
1 answer:
tiny-mole [99]3 years ago
3 0

Answer:

the times interest earned ratio is 10

Explanation:

The computation of the times interest earned ratio is shown below:

Times interest earned ratio is

=  income before interest expense and income taxes ÷ interest expense

= $30,000 ÷ $3,000

= 10

hence, the times interest earned ratio is 10

We simply applied the above formula so that the correct value could come

And, the same is to be considered

You might be interested in
Evertz Metals buys and stockpiles dolomite to use in its smelting processes. Before all this dolomite is​ used, however, they al
insens350 [35]

Answer:

a carrying cost

Explanation:

A carrying cost -

It is the amount which is paid for holding the inventory in the stock , is referred to as a carry cost.

It is also called inventory costs , holding costs.

Carrying cost includes the insurance , the amount spend on the stage of the products , employees cost and includes costs .

Hence, from the given scenario of the question, the correct term for the given options of the question is a carrying cost.

3 0
3 years ago
What is a router?<br> (please describe in a specific way)
JulijaS [17]

Answer:

I can't really describe in a specific way but it's for internet

6 0
3 years ago
A local business woman borrows $14,000.00 at $299.70 per month for 62 months, how much total
eduard
If you multiply $299.70x 62- 14,000months you get = 4,581.4 so yeah
4 0
3 years ago
A personal characteristic that fosters organizational politics is a) the desire to help. b) need for power. c) drive to be a vis
DanielleElmas [232]

Answer: b) need for power.

Explanation:

Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.

To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.

7 0
3 years ago
Why didn’t worldcom try to structure the transactions to get a “step-up” in the tax bases of mci’s assets(?
Alex Ar [27]
I believe that the answer to the question provided above is <span>worldcom try to structure the transactions to get a “step-up” in the tax bases of mci’s assets because he doesn't have enough influence to do so.</span>
Hope my answer would be a great help for you.    If you have more questions feel free to ask here at Brainly.


3 0
3 years ago
Other questions:
  • It becomes easier for businesses to borrow money when
    5·1 answer
  • Jamie is considering leaving her current job, which pays $75,000 per year, to start a new company that develops applications for
    6·1 answer
  • Consider the following statements regarding traditional costing systems:
    5·1 answer
  • To better organize his landscaping business, Frank divides each job into several parts. One part is excavation and removal of ol
    5·1 answer
  • A $20 bill features which of the following on the reverse?
    13·1 answer
  • A company has developed a new smart clock. If the clock is successful, the present value of the payoff (at the time the product
    15·1 answer
  • write a short paragraph highlighting the differences between a strong cultured work environment and a weak cultured work environ
    9·1 answer
  • Inflation indicates that
    15·1 answer
  • If an industry is characterized by low entry barriers, strong supplier and buyer positions, high threat of substitutes and inten
    10·1 answer
  • The annual return on the s&amp;p 500 index was 12.4 percent. the annual t-bill yield during the same period was 5.7 percent. wha
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!