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
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.

You might be interested in
Which of the following would not be reported as current liabilities on the balance sheet?
olga55 [171]
D. Accounts receivable
6 0
1 year ago
Alpaca Yarn employs factory workers to hand spin wool yarn and fabric in a workshop on the company farm. Which economic question
zimovet [89]
The answer to the statement above is what to produce? and how to produce?. basically having the statement that Alpaca Yarn employs factory workers to hand spin wool yarn and fabric in a workshop on the company farm lacks the question as to what product would the make with the yarn and fabric and the volume that they'll be making.
8 0
2 years ago
Read 2 more answers
Write an essay about Reception and basic etiquette of
Dmitriy789 [7]

Answer:

The reception of the organization is the first place that a visitor sees. It is first observation of any visitor and then a perception is created about the whole organizations. The staff at reception must be well dress according to the organization rules.

Explanation:

The staff should be polite and speak gently to every one. There should be a culture of greeting every one in the organization this is the basic and an important etiquette. The workplace of every individual should be clean and the files and papers should be arranged properly. Everyone should speak politely to each other so that the other staff working in office does not gets irritated.

5 0
3 years ago
Sonia creates tests for judging product safety and advises companies about how to reduce harm from use or misuse of the product.
NISA [10]

Answer:

D) Product safety Engineer

Explanation:

8 0
2 years ago
Incorporators are required to sign the charter, deliver it to the proper state officials, and purchase a certain percentage of t
alex41 [277]

The statement " Incorporators are required to sign the charter, deliver it to the proper state officials, and purchase a certain percentage of the initial stock offering " is FALSE.

Explanation:

Incorporation of a business means making a company officially known by the company's sole property or general partner. If a company forms, it becomes a legal structure separating the individuals who founded the company.

Even though a company does not have a office there, the company must always have a registered agent within the state of incorporation.

Incorporation provides shareholders with immunity from personal liability for the company's debts.

8 0
3 years ago
Other questions:
  • describe the efforts that local governments should make to increase local revenue from the tax sector!
    9·1 answer
  • A computer maintenance company wants to 'capture' the knowledge that employees carry around in their heads by creating a databas
    14·1 answer
  • The most common method for graphing the relationship between two variables is by drawing two __________ lines, where the _______
    5·1 answer
  • The office of management and budget is one of the most powerful agencies in washington because it __________.
    11·1 answer
  • Explain how demand for a good can affect demand for a related good.
    11·1 answer
  • Buying a new car can create a financial challenge because
    13·1 answer
  • James Frank has been put in charge of gathering marketing intelligence, disseminating it within his organization, and eventually
    9·1 answer
  • Princess Cruise Company (PCC) purchased a ship from Mitsubishi Heavy Industry. PCC owes Mitsubishi Heavy Industry 500 million ye
    14·1 answer
  • Can someone please fill out this chart for accounting 1. will give brainliest and 100 points
    13·1 answer
  • Explain how banks have transformed their commercial lending business from asset transformation to brokerage services
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!