Net income = $125,000
Interest expense = $30,000
Tax expense = $40,000
Interest times hart corporation earned
for the year = ?
First add all the expenses and then
divided by interest expense to get interest times.
= ($125,000 + $30,000 + $40,000) /
$30,000
= $195,000 / $30,000
<span>= 6.5 </span>
Answer:
Explanation:
"I spend more on orange juice even as the price rises".
This implies that orange juice is not an inferior good because people demand less of an inferior product when their prices fall. In this case more is demanded as price rises implying that orange juice is being viewed as a luxury good or healthy drink. Consumers tend to interpret certain price increase positively and view the goods as superior.
Does this mean that I must be violating the law of demand?
YES
Generally, the law of demand states that, "citeris paribus (with all things being equal), as the price of a good rises, quantity demanded falls; conversely, as the price of a good falls, quantity demanded increases".
Therefore if "I spend more on orange juice even as the price rises", then obviously the law of demand is being violated
Answer:
1. International Business means that the company has no interest in investing into foreign countries yet is fully turned towards their home country. It's a group of people that work for some non-profit organization and they have no benefit.
2. Multinational Corporation means that the company invests in foreign countries and work for the profit.
Answer:
The correct answer is letter "B": The decisions you make are constantly changing with imperfect information available.
Explanation:
Decision-making is complicated to be made through programmed systems because there are several variables to be considered in the process. The most important is that businesses are subject to <em>changes in the market that can happen suddenly</em>, meaning what could work today might not tomorrow.
Besides, the information entered in the system must be perfect to obtain an accurate outcome. However, decision-making is based on data that can be precise like the information portrayed in the financial books of the firm but<em> if there is a mistake committed, even if minimal, the programmed decision could fail.</em>
Answer:
The correct answer is letter "A": market share.
Explanation:
Market share is calculated by taking a company's sales over a period and dividing it by the total sales of the industry over the same period. This measure is used to give the business and its rivals a general idea of the size of the company regarding its overall sector.
