In accounting, expenditures recorded as assets are said to be ____

Pop evil, inc.'s net income for the most recent year was $16,802. The tax rate was 21 percent. The firm paid $3,706 in total int

zepelin [54]

In order to find Cash coverage ratio, Earnings before Interest and Tax will be required to be found. Thus We shall calculate Income Before tax First. The below logic needs to be Understood:

If Income before tax is 100, Income after tax will be 100-21=79, Thus if Net Income is 79, Earnings before tax will be calculated as below:

Earnings before tax=16802* $\frac{100}{79}$

Earnings before tax=$21268

EBIT= Earnings Before Tax+Interest Expense

EBIT=21268+3706

EBIT=$24974

Cash Coverage Ratio= $\frac{EBIT+Depreciation}{Interest Expense}$

Cash Coverage Ratio= $\frac{24974+4491}{3706}$

Cash Coverage Ratio=7.95

3 0

3 years ago

If lucinda has only $18 to spend and the price of kewpie dolls and the price of beanie babies are both $6, how many of each woul

Step2247 [10]

Lucinda could buy either 2 kewpie dolls and 1 beanie baby, or 1 beanie baby and 2 kewpie dolls at $6 a piece if she has $18. Rationally, Lucinda would want at least one of each toy. Whether she went with the first or second option the amount she would spend would be as follows: $6Ă—3 toys=$18.

6 0

4 years ago

Why shouldn’t applicants to job openings send their cover letter as an attachment in an e-mail? when would it be acceptable to s

Margarita [4]

The employer may restrict emails that contain attachments. This can be a function of their email spam or junk mail filtering system.

What is a cover letter in an email?

An email cover letter is a quick email that includes some personal information and the justification for delivering your resume.

Unless an employer specifically requests that you include them in the email body, send your cover letter and resume as separate attachments. Create a sincere cover letter every time, and attach it to the email.

Hence, the significance of the e-mail is aforementioned.

Learn more about on e-mail, here:

brainly.com/question/15710969

#SPJ1

6 0

2 years ago

True or false: Place is what a customer must give up in order to receive the benefits offered by the rest of a firm's marketing

valina [46]

The statement "Place is what a customer must give up in order to receive the benefits" is: False.

<h3>What is Marketing mix?</h3>

Marketing mix is a marketing strategy and can be defined as those instrument that a company or an organization make use of so as to acheive their marketing aims and objective.

The statement is False because customers have to give up price so as to make it possible for them receive the benefits offered by the rest of a firm's marketing mix.

Therefore the statement is false.

Learn more about Marketing mix here:brainly.com/question/859394

5 0

2 years ago

Assume the market for ball bearings is purely competitive. Currently, each of the firms in this market is earning positive econo

AleksandrR [38]

Answer: Given, the ball bearing market is purely competitive. Also at the current stage the firms in this market are earning positive economic profits.

Therefore , in the long run as adjustments occur in the industry, we can expect the market price of ball bearings to decrease and individual firms' profits to decrease.

This will take place as new firms will enter the market once they analyze that the existing firms are earning positive economic profits. Thus this will lead to decrease in price of ball bearing and further will lead to decrease in profit os a firm.

Therefore, the correct option is (d)

3 0

4 years ago

In accounting, expenditures recorded as assets are said to be _____.