The times-interest-earned ratios of Orlando Company are 20.56 and 7.35 for 2018 and 2019, respectively. Which of the following can be the possible reason for such a change from 2018 to 2019?
A) Orlando Company incurred less debt specifically in its revolving line of credit.
B) Orlando Company incurred more debt specifically in its revolving line of credit.
C) Orlando Company paid less interest in its revolving line of credit.
D) Orlando Company's debt-paying ability increased.
B) Orlando Company incurred more debt specifically in its revolving line of credit.
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A bank makes credit entries into a depositor's account for all of the following except ________
a. proceeds for a loan made to the company by the bank b. service charges c. deposits made by electronic funds transfer d. correction of bank errors
Dire invested $10,000 today in an investment that has a maturity value of $13,500 in five years. If the interest is compounded annually, what is the annual rate of return earned on the investment?
A. 7.8% B. 8.2% C. 6.2% D. 4.5% E. 9.5%
If the forecast is 33 and the actual value is 44, then the error this period is ________
Fill in the blank with correct word.
Martina developed a new type of apple tree which could be reproduced through grafting. She cannot protect her rights in this tree by obtaining a plant patent since the tree cannot be reproduced by planting its seeds
Indicate whether the statement is true or false