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Bond [772]
3 years ago
10

Ugh inc.'s net income for the most recent year was $16,185. the tax rate was 40 percent. the firm paid $3,906 in total interest

expense and deducted $2,585 in depreciation expense. what was the cash coverage ratio for the year
Business
1 answer:
saul85 [17]3 years ago
4 0
The cash coverage ratio will be calculated as follows:
Earnings before interest and tax (EBIT)+Interest expense
EBIT will be:
16,185/(1-0.4)=16185/0.6=26,975
thus:
EBIT+Tax+Depreciation
=26,975+3906+2585
=33466
next
33466/interest expenses
=33466/3906
=8.5678
Therefore we conclude that cash was 8.5678 times interest expense.

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125 pounds

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Firstly, we need to know the total product of labor of the five full time workers.

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Using the internal rate of return method, a conventional investment project should be accepted if the internal rate of return is
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Using the internal rate of return method, a conventional investment project should be accepted if the internal rate of return is equal to or greater than the discount rate.

investment  is dedicating an asset to achieve an increase in value over a period of time. Making an investment requires sacrificing your current assets such as time, money, and effort. In finance, the purpose of investment is to generate profit from the assets invested.

The definition an investment is an asset that is purchased or invested to build wealth and save money from hard-earned income or capital appreciation. The importance of investment is primarily to gain an additional source of income or to make a profit from the investment over a period of time.

Learn more about investment here: brainly.com/question/25895372

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Answer:

Paul's learning style is that of a <u>Assimilator(a)</u>

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Answer:

As far is I know, the anwser is B

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