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3 years ago

Balance sheet and income statement data indicate the following:

Business

1 answer:

QveST [7]3 years ago

4 0

Answer:

the times interest earned ratio is 5.87 times

Explanation:

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

Interest expense is

= Bonds payable × Interest rate

= $1,106,989 × 6%

= $66,419

Now

Times interest earned ratio is

= (Income before income tax for year + Interest expense) ÷ Interest expense

= ($323,108 + $66,419) ÷ ($66,419)

= 5.87 times

Hence, the times interest earned ratio is 5.87 times

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When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.

Vlad1618 [11]

Answer:

the condition that has been reached is market equilibrium.

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2 years ago

You are a leader in a paper manufacturer that has recently been charged with using too many trees and polluting groundwater arou

swat32

Not going to give a full solution, but with every tree they remove, they plant a new tree and they can turn to more Eco-friendly means of manufacturing, such as using non-hazardous materials.

I hope this helps give you a start on where to begin. Just go with this and research deeper.

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3 years ago

The employees of an organization have heard rumors about rapidly dropping profits and impending layoffs. The grapevine is abuzz

Karolina [17]

Answer:

A. neutralize the rumor by openly confirming any parts that may be true.

Explanation:

Here are the options to this question:

A. neutralize the rumor by openly confirming any parts that may be true.

B. restrict the length of breaks taken by the employees.

C. closely monitor each employee's activities in the office.

D. fire employees found spreading false stories.

E. block all forms of electronic communication in the office.

I hope my answer helps you

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3 years ago

Determine the beginning cash balance for Sweet Treats Eats if the net cash provided by operating activities is $35,000, net cash

Nataly_w [17]

Answer:

$50,000

Explanation:

Given the following information for Sweet Treats Eats

net cash provided by operating activities = $35,000

net cash used by investing activities = $42,000

net cash provided by financing activities = $12,000

ending cash balance = $55,000

Beginning cash balance + $35,000 - $42,000 + $12,000 = $55,000

Beginning cash balance = $55,000 - $35,000 + $42,000 - $12,000

= $50,000

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2 years ago

When the government levies taxes to subsidize the producers of corn-based sugar, the subsidies will?

Andreas93 [3]

I would say the subsidies for corn-based sugar will result in more of that sugar being produced and therefore sales should increase and the government should benefit by more tax revenue in the long run to offset the cost of the subsidies.

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2 years ago