If a firm's times-interest-earned (TIE) ratio decreases, the probability that it will default on its outstanding debt also decreases.
Answer the following statement true (T) or false (F)
False
The times-interest-earned ratio (TIE) ratio provides an indication of how well the firm can cover its interest payments with operating income (EBIT): the lower this ratio, the higher the probability that a firm will default on its debt and be forced into bankruptcy. See 12-4: Liquidity and Capital Structure
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The values checked in the ___________________________ clause of a trigger must reference correlation identifiers.
Fill in the blank(s) with the appropriate word(s).
Fill in the blank: ____________ represent the belief in the market mechanism, neo-liberalism, and self-interest in the employer/employee contract.
a. Collective agreements b. Individual agreements c. Psychological contracts d. Person-to-person handshake
Alan files his 2017 tax return on April 1, 2018, shortly before the April 17 due date. His return contains no misstatements or omissions of income. The statute of limitations for changes to the return expires
A. April 17, 2022. B. April 17, 2021. C. April 1, 2022. D. The statute of limitations never expires.
A partially disclosed agency can be created by mistake.
Answer the following statement true (T) or false (F)