All of the following products are likely to use the producer-retailer-consumer marketing channel except for
A. pharmaceutical drugs.
B. U-Pick farm produce.
C. Amazon Kindle Fire.
D. designer wedding gowns.
E. microbrew beers.
Answer: B
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Alumbat Corporation has $800,000 in debt outstanding, and pays an interest rate of 10 percent annually on its bank loan. Alumbat's annual sales are $3,200,000, its average tax rate is 40 percent, and its net profit margin on sales is 6 percent. If the company does not maintain a TIE ratio of at least 4 times, its bank will refuse to renew its loan, and bankruptcy will result. Alumbat's currenttimes interest earnedratio is:
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