The purpose of a database is to keep track of lists of data that involve multiple themes.
Answer the following statement true (T) or false (F)
True
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Debt service coverage ratio
a. Interest expense b. Income tax expense c. Cash flow from operations before interest and tax payments d. Cash paid for acquisitions e. Cash flow from operations f. Total dividends paid g. Interest payments h. Principal payments on debt
Achieving a growth mindset is about conquering fear, accepting feedback, and sticking to a long-term plan for change. Which of these is most difficult for you and why?
What will be an ideal response?
Which of the following is true of cartoon animation?
A. It is synonymous with slice-of-life advertising. B. It is also known as endorsement advertisement. C. It involves a problem-solution approach. D. It portrays the conflict that people face in their daily lives. E. It is popular for commercials targeted at children.
Thurston Company started its business on January 1, Year 1 by issuing $15,000 of common stock. On March 1, Thurston issued a $27,000, 6% five-year note to Community Bank. Customers paid Thurston $54,000 for services performed in Year 1. The company paid $33,000 for operating expenses, and paid a $900 dividend to the stockholders. At year-end, Thurston recognized interest expense on the note.Required:a) What is the amount of interest expense Thurston will recognize in Year 1?b) What is the net income for Year 1?
What will be an ideal response?