A company had income before interest expense and income taxes of $186,000, and its interest expense is $55,000. Calculate the company's times interest earned ratio.
What will be an ideal response?
3.38
Times Interest Earned Ratio = Income before Interest Expense and Income Taxes/Interest Expense
Times Interest Earned Ratio = $186,000/$55,000 = 3.38
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__________ is the right to give orders, enforce obedience, make decisions, and commit resources toward completing organizational goals.
A. Authority B. Responsibility C. Accountability D. Ethics
U.S. government policies impose strategic constraints on business organizations, such as the requirement that businesses with 50 or more full-time employees offer health insurance. Juan is the manager of a small factory with 75 employees. Juan sees these government regulations and laws as a detriment to his business and its profitability. What is Juan missing in his assessment of government regulations and laws and their impact on his business?
A. The health insurance requirement can be used strategically when recruiting and retaining talent. B. The law is changing every day and may increase the size of businesses required to provide health insurance. C. Bribes and kickbacks are illegal practices in the United States. D. Giving more generous benefits lowers the cost of compensating employees. E. The health insurance requirement is likely to increase labor costs.
Discuss centralization in the context of formal organizations.
What will be an ideal response?
Inventory models in which the rate of demand is constant are called
a. fixed models. b. deterministic models. c. JIT models. d. requirements models.