Jamilahs Manufacturing Company has earnings before interest and taxes of $29,000 and interest expense of $4,000 for
Question:
Jamilah’s Manufacturing Company has earnings before interest and taxes of $29,000 and interest expense of $4,000 for the most current period. What is Jamilah’s times interest earned ratio?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 37% (8 reviews)
Times interest earned ratio EBIT In...View the full answer
Answered By
Abdullah Waseem
Hello! I’m Abdullah Waseem! I have completed my graduation in Accounting & Finance from the University of Central Punjab, Lahore. I specialize in Finance, Accounting, Business, Management, Marketing, and Auditing. I have many experiences working as a content developer/writer. I have completed many projects for my clients and I have completed many assignments/expert questions for students globally. I always look for opportunities and for better growth. I’m sure that I will work efficiently with your online website. I have been online tutoring since I was doing my degree. I've helped so many students achieve their academic goals year after year. I always feel good while tutoring the students and providing help to complete their requirements. I can help you in completing the assignments and different projects. I am looking forward to working for you and being able to meet your work requirements and hope to work with you soon as well.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The last two years of financial statements for Blunt Industries are as follows: Blunt Industries Balance Sheets, December 31, 2015 and 2016 Blunt Industries Income Statements for the Years Ended...
-
A firm has been experiencing low profitability in recent years. Perform an analysis of the firms financial position using the DuPont equation. The firm has no lease payments but has a $2 million...
-
The Finnerty Furniture Company, a manufacturer and wholesaler of high-quality home furnishings, has experienced low profitability in recent years. As a result, the board of directors has replaced the...
-
A hollow-fiber membrane device is operated to concentrate a bacterial suspension. The flow rate of cell suspension into the fibers is 350 kg/min. The inlet cell suspension is comprised of 1.0 wt%...
-
Polls taken during a citys last two administrations (one Democratic, one Republican) suggested that public support of the two mayors fell off linearly with years in office. Can it be concluded from...
-
A concessions manager at the Tech versus A&M football game must decide whether to have the vendors sell sun visors or umbrellas. There is a 30% chance of rain, a 15% chance of overcast skies, and a...
-
The template for this exercise gives price information and market cap for 10 companies. Compute the stock returns and the individual regressions of returns on the S&P 500. Use this data to construct...
-
Prepare journal entries to record the transactions in E12- 1. In E12- 1. For each of the following transactions, identify the net asset classification (unrestricted, temporarily restricted,...
-
6 . ) Jackson, Incorporated produces two products ( Product 5 and Product Z ) using two activities: Machining, which uses machine hours as the cost driver, and Inspection, which uses the number of...
-
A round casting is 0.3 m in diameter and 0.5 m in length. Another casting of the same metal is elliptical in cross section, with a major-to-minor axis ratio of 3, and has the same length and cross...
-
Jacksons Beef Jerky Shop has a cash ratio of 1.75. What does that mean? Is 1.75 a good or bad cash ratio?
-
What is the formula for profit margin? a. Net sales / net income b. Cost of goods sold / net sales c. Sales / cost of goods sold d. Net income / net sales
-
You have just won a contract for an external client. Who determines the quality acceptance criteria?
-
Consider 10-year Sh. 200,000 loan with an initial interest rate of 10% p.a. payable monthly. The subsequent rates are based on index plus a margin of 2%. The index is expected to be at 11% and 9% in...
-
Merck decision tree has ten total outcomes - 5 successes and 5 failures. The two leftmost branches depict the alternatives of either licensing the drug (Davanrik), or not to license the drug. If...
-
The current rate for producing 5 amp fuses at Neary Electric Co, is 250 per hour. A new machine has been purchased and installed that, according to the supplier, will increase the production rate. A...
-
What strategy approach did the 'Roche Diagnostics case study use to operate their business? First provide a synopsis of strategy processes and strategy as practice as concepts, then use them to...
-
Clearly discuss, what is the McDonald's competitive advantage over its two key rivals in the Philippines, namely Burger King KFC (compare and contrast)
-
Suppose that you are a big fan of the Harry Potter books. You would love to own a copy of the very first printing of the first book, but unfortunately you can't find it for sale for less than $5,000....
-
(a) Find the equation of the tangent line to f(x) = x 3 at the point where x = 2. (b) Graph the tangent line and the function on the same axes. If the tangent line is used to estimate values of the...
-
If the risk-free rate of return, rRF, is 4 percent and the market return, rM, is expected to be 12 percent, what is the required rate of return for a stock with a beta, 13, equal to 2.5?
-
Following is information for two stocks: Which investment has the greater relative risk ? Standard Investment Expected Return, f Deviation, a Stock D 10.0% 8.0% Stock E 36.0 24.0
-
ZR Corporations stock has a beta coefficient equal to 1.8 and a required rate of return equal to 16 percent. If the expected return on the market is 10 percent, what is the risk free rate of return,...
-
The internal rate of return method is used by Royston Construction Co . in analyzing a capital expenditure proposal that involves an investment of $ 6 2 , 4 0 0 and annual net cash flows of $ 1 5 , 0...
-
Calculate Debt Ratio: Requirements: Given the following figures from a balance sheet: Total Liabilities: $500,000 Total Assets: $1,200,000 Compute the debt ratio. Express the debt ratio as a...
-
For its three investment centers, Blue Spruce Company accumulates the following data: \ table [ [ , I,II , III ] , [ Sales , $ 1 , 6 4 0 , 0 0 0 , $ 3 , 2 8 0 , 0 0 0 , $ 3 , 2 8 0 , 0 0 0
Study smarter with the SolutionInn App