A times interest earned ratio indicates that:
a. preferred stock has no maturity date.
b. the debt will never become due.
c. the firm will be able to repay the principal when due.
d. the principal can be refinanced.
e. none of the answers are correct.
E
You might also like to view...
In which of the following steps of the selling process is a salesperson most likely to meet the customer for the first time?
A) prospecting B) preapproach C) follow-up D) approach E) closing
Juanita paid a life insurer $45,000 in exchange for an immediate life annuity. Juanita will receive $500 per month from the insurer, and her life expectancy is 15 years (180 months)
Assume that Juanita receives 12 monthly payments of $500 the first year. How much taxable income must she report? A) $3,000 B) $4,000 C) $4,500 D) $6,000
The typical payments on a consumer loan are made at ________
A) the end of each day B) the end of each week C) the end of each month D) the beginning of each month
Identify the three primary outsourcing options.
What will be an ideal response?