Ron Landscaping's income statement reports net income of $74,100, which includes deductions for interest expense of $10,900 and income taxes of $33,700. Its times interest earned is:
A. 6.8 times
B. 7.8 times
C. 4.1 times
D. 10.9 times
E. 0.15 times
Answer: D
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Justin is in charge of promoting a product that most customers perceive as a low-involvement product. He created a TV ad and aired it repeatedly
His colleague Beth questioned his strategy, saying that the repetition would create a negative reaction to the product. According to the mere exposure phenomenon, Beth is likely to be proven wrong. Indicate whether the statement is true or false
Tron is reading for one of his classes at the library, but he finds it hard to focus. He keeps hearing noise from a group of students working at the table next to him. Even when they are quiet, Tron is interrupted by noises from the front desk and the hum of a nearby vending machine All of these distractions are examples of ______.
a. source distractions b. situational distractions c. medium distractions d. bias distractions
A transfer pricing system is also known as
a. investment center accounting. b. a revenue allocation system. c. responsibility accounting. d. a charge-back system.
The effect of a stock dividend is to transfer
a. equity from contributed capital to retained earnings. b. assets to the stockholders. c. equity from retained earnings to contributed capital. d. assets to contributed capital.