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Vadim26 [7]
2 years ago
7

Hsu Company reported the following on its income statement:

Business
1 answer:
jeka942 years ago
3 0

Answer:

d. 5.08 times

Explanation:

The computation of the times interest earned ratio is as follows

Times interest earned ratio is

= (Interest expense + Income before income taxes) ÷ (Interest expense)

= ($73,659 + 300,441) ÷ ($73,659)

= 5.08 times

hence, the correct option is d.

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

And, the same is to be considered

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Answer:

FV= $12,818.4

Explanation:

Giving the following information:

You are hoping to buy a new boat 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest.

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FV= {A*[(1+i)^n-1]}/i

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An estate is transferred with the stipulation that alcohol will never be consumed on the premises or the seller will take back t
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