The times-interest-earned ratio is also called the short interest ratio
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FALSE
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Full-line selling is selling an entire line of associated products.
Answer the following statement true (T) or false (F)
The design engineer's preliminary estimate of a product's design, production, and distribution costs is $1,163 per unit. Market research shows potential customers are willing to pay up to $1,512 for the product. If the desired profit is 30 percent of target cost, should the company make the product?
A) No, the market price only allows for a 23% profit at this cost. B) Yes, with only slight modifications to cost. C) Yes, the desired costs and profit are right on target. D) Yes, the market price will allow for a profit that exceeds the target.
If a company purchases equipment costing $4100 on credit, the effect on the accounting equation would be:
A. Assets increase $4100 and liabilities increase $4100. B. One asset increases $4100 and another asset decreases $4100. C. Equity increases $4100 and liabilities decrease $4100. D. Assets increase $4100 and liabilities decrease $4100. E. Equity decreases $4100 and liabilities increase $4100.
If you are fired from your job, you can use any information you gained while employed to help your next employer
Indicate whether the statement is true or false