Answer:
6.6
Explanation:
The formula and the computation of the times interest earned is shown below:
Times earned interest = (Earnings before income tax and interest expense) ÷ (Interest expense)
where,
Earnings before income tax and interest expense is
= $387,520 + $69,200
= $456720
And, the interest expense is $69,200
So, the times interest earned ratio is
= $456,720 ÷ $69,200
= 6.6
Answer: Undercapitalization
Explanation:
Undercapitalization is defined as the situation where a person or entity of any kind does not have sufficient funds or capital to run their business and pay the costs it has. This type of situation usually occurs when the business is not selling the necessary amount of products or services to generate the amount of income necessary to meet all the payments it has.
When an entity or business is undercapitalization, in many cases they have had to take measures such as downsizing, fewer materials to create the product, or ultimately, if none of this works, having to close the business.
Answer:
The correct answer would be Specialized Executive Search Firms.
Explanation:
When companies hire employees, they usually use the conventional methods of recruitment, like giving ads in newspapers or pasting ad on a social job site, etc. But when employees for the important management positions are required to hire, companies often use Specialized Executive Search Firms. These are the recruitment firms which takes the demands of the employer and search for the best of the best candidates to be interviewed by the employers. Such firms have fine data about the best candidates in their databases which updates regularly. Also, after selecting the candidates, they first take initial interviews of the potential employees themselves and then route them to the employer.
Answer:
$14,500
Explanation:
The size of Ginny's taxable capital gain = $64,500 - $50,000 = $14,500
Note: Capital gains tax is a tax on the profit realized on the sale of a non-inventory asset.
