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
VladimirAG [237]
3 years ago
5

What is Walmart's Times Interest Earned Ratio for the year of 2018 (round it to 3 numbers after the decimal point -> 0.581)

Business
1 answer:
nika2105 [10]3 years ago
4 0

Answer:

17.10 times

Explanation:

Complete word <em>"Walmart's reported the following amounts on its 2018 income statement E(Click the icon to view the amounts.) What is Walmart's times-interest-earned ratio for 2018? (Round to two decimals.) Times-interest-earned ratio X Data Table Year Ended December 31, 2018 42,000 Net income 6,300 Income tax expense 3,000 Interest expense Print Done"</em>

<em />

EBIT = Net Income + Interest expenses + Income tax expense

EBIT = $42,000 + $3,000 + $6,300

EBIT = $51,300

Times Interest Earned Ratio = EBIT / Interest Expenses

Times Interest Earned Ratio = $51,300 / $3,000

Times Interest Earned Ratio = 17.10 times.

You might be interested in
A _____________ is a company that has a proven business model and is willing to sell the rights to use the business model to oth
scoundrel [369]

Answer: Franchise

                       

Explanation: In simple words, a franchise refers to an arrangement under which one entity allows other entity to use its business models, procedures and intellectual properties etc, in return of any loyalty or other such benefit.

This is a common arrangement nowadays and is usually used by the organisations to operate their business globally.

Hence from the above we can conclude that the correct answer is franchise.

6 0
3 years ago
What is the formula for determining productivity?!
Iteru [2.4K]

Answer:

Output/Input (APEX) <--------

Explanation:

This is the <u>CORRECT</u> answer for APEX.

8 0
4 years ago
How does implementing change affect strategic relationship management?
HACTEHA [7]

Answer:

A it upsets the balance

Explanation:

4 0
3 years ago
Read 2 more answers
A dozen eggs cost $0.96 in December 2000 and $2.75 in December 2015. The average wage for workers in private industries was $14.
Tom [10]

Answer:

By 186% the price of a dozen eggs rise.

Explanation:

Given that,

Cost in December 2000 = $0.96

Cost in December 2015 = $2.75

Average wage for December 2000 = $14.28 per hour

Average wage for December 2015 = $21.26

By considering these information, we are able to calculate the increase price percentage of a dozen eggs. The calculation is shown below:

= (December 2015 price - December 2000 price ) ÷ (December 2000 price) × 100

= ($2.75 - $0.96) ÷ ($0.96) × 100

= ($1.79) ÷ ($0.96) × 100

=  186%

Thus, by 186% the price of a dozen eggs rise.

4 0
3 years ago
On December 1, 2016, Fine Dining Products borrowed $84,000 on a 12%, five-year note with annual installment payments of $16,800
kenny6666 [7]

Answer:

$16,800

Explanation:

The amount of the note payable as the current position of long term notes payable on the  balance sheet as of December 31, 2016 can be calculated by just dividing the principal amount by the number of periods it has been borrowed for

Calculation: 84000/5 = $16,800

3 0
3 years ago
Other questions:
  • Help please! and thank you &lt;3
    6·2 answers
  • Adam, the owner of The Toy Box (a toy store), has chosen his products carefully. They are all handmade of wood; none are cheap g
    9·2 answers
  • When compared to static budgets, flexible budgets: a.encourage managers to use less fixed cost items and more variable cost item
    13·2 answers
  • Step 1: Review the case study below. Dewey, Cheatham, and Howe are partners in a law firm operated as a general partnership. Dew
    9·1 answer
  • Dawson Electronic Services had revenues of $116,000 and expenses of $68,000 for the year. Its assets at the beginning of the yea
    12·1 answer
  • When responding to questions face-to-face, how should you organize your response?
    13·1 answer
  • Help!
    10·2 answers
  • Which of the following statements about economic policy are FALSE?
    13·1 answer
  • PLEASE HELP ME ILL MAKE YOU BRAINLIEST
    5·1 answer
  • Help :( Marking brainliest!! Some experts predict that there will be fewer operations management jobs in the next several years.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!