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atroni [7]
3 years ago
8

A company's income before interest expense and income taxes is $575,000 and its interest expense is $145,000. Its times interest

earned ratio is:__________.a. 0.25 b. 2.73 c. 0.99 d. 3.72
Business
1 answer:
34kurt3 years ago
4 0

Answer:

3.96

Explanation:

A company's Time Interest Earned ratio shows us its ability to pay its debts.

The income before expenses is given as: $575000

The interest expenses = $145000

The question wants us to find time interest earned ratio. We get this by:

Company's initial income/interest expenses

= $575,000/$145,000

= 3.96

This is the correct answer to the question. The right answer was not listed in the options.

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2 years ago
Based on its perceived riskiness, the annual required rate of return is 11.5% for shares of Cyberdyne Inc. The company just paid
Ugo [173]

Answer:

the  estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

Explanation:

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= 5th Year dividend ÷ (Required return - Growth Rate)

Dividend at year 5 should be

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4 0
3 years ago
When is the acquisition program baseline prepared?
Liono4ka [1.6K]

Answer:

The Acquisition Program Baseline (APB) is developed by the Program Manager (PM) before the initiation of a program for all Acquisition Category (ACAT) programs and depicts the current condition of a program.

Explanation:

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3 years ago
Bella is looking into getting an apartment that costs $800 per month. How much does she need to make per year in order to comfor
Andreyy89
$41,600
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4 0
3 years ago
Which of the following activities describes the opportunity cost of attending an economics class?
zhuklara [117]

Answer:

C is the correct option

Explanation:

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