The number of times interest charges are earned is computed as: a. Net income plus interest charges,
Question:
a. Net income plus interest charges, divided by interest charges
b. Income before income tax plus interest charges, divided by interest charges
c. Net income divided by interest charges
d. Income before income tax divided by interest charges
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
b Income before income tax plus interest charges divided b...View the full answer
Answered By
David Ngaruiya
i am a smart worker who concentrates on the content according to my clients' specifications and requirements.
4.50+
7+ Reviews
19+ Question Solved
Related Book For
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
Question Posted:
Students also viewed these Finance questions
-
The number of times interest charges are earned is computed as: a. net income plus interest charges, divided by interest charges b. income before income tax plus interest charges, divided by interest...
-
What is the number of times interest charges are earned if the business has net income before taxes of $600,000 and a $1,500,000 face value bond payable with a coupon rate of 10%?
-
The Citizens Banking Company is studying the number of times the ATM located in a Loblaws Supermarket at the foot of Market Street is used per day. Following are the number of times the machine was...
-
At DEF Insurance Company, agents are employees of the company who are paid a salary plus commissions. This is an example of what type of insurance marketing system? OA) Fraternal B) Direct response...
-
What are typical enhancements to the basic client/server architecture of the web? Reconsider these enhancements for a mobile wireless user with web access over a mobile phone network. What are...
-
The following are selected ledger accounts of Bramble Corporation at December 31, 2020. Cash $214,600 Salaries and wages expense (sales) $329,440 Inventory 620,600 Salaries and wages expense (office)...
-
Using the PewSocialMedia dataset, get a 95% confidence on the recoded variable Number of Texts Sent Per Day (XYtextnum1) for two groups: whites and non-whites. Present your confidence intervals, and...
-
The post-closing trial balance of Storey Corporation at December 31, 2014, contains the following stockholders equity accounts. Preferred Stock (15,000 shares issued) .......... $ 750,000 Common...
-
Please i need help to solve this paper. I up vote you always whenever i got a satisfied answer. please solve complete. Please refer to Al Fajar Al Alamia Company SAOG.... If you need any information...
-
The office manager for the Metro Life Insurance Company orders letterhead stationery from an office products firm in boxes of 500 sheets. The company uses 6500 boxes per year. Annual carrying costs...
-
Use the financial data shown below to calculate the following ratios for the current year: (a) Current ratio. (b) Acid-test ratio. (c) Accounts receivable turnover. (d) Days' sales uncollected. (e)...
-
A firm has total assets of $2,000,000. It has $900,000 in long-term debt. The stockholders equity is $900,000. What is the total debt to asset ratio? A) 45% B) 40% C) 55% D) None of the above
-
Big Oaks, a large campground in Vermont, adjusts its accounts monthly and closes its accounts annually on December 31. Most guests of the campground pay at the time they check out, and the amounts...
-
On January 1, 20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 76,000. SunTime's December 31, 20X1, trial...
-
In November 2 0 2 4 , Lily informed you that she needs additional cash flow to meet her personal debt obligations. Lily does not want to sell more stock than she needs to because she wants...
-
Bennett limited provides mobile library services to the community of longbourn. bennett has preliminary operating results for the first year and the company found that net income is different from...
-
What is printed when the value of x is 34? if (x < 32 ) { if (x22) { } System.out.println("Blue"); else if (x <10) { } System.out.println("Red"); else if (x > 25 ) { System.out.println("Yellow"); } }...
-
Heidi expresses concern in the video that when employees are also friends, holding them accountable for performance "doesn't come as naturally" to her. She asks you, "Does my focus on relationship...
-
What is the title of the federal act that affects internal control? What requirement does it place on management?
-
The packaging division of a company having considered several alternative package designs for the company's new product has finally brought down their choices to two designs of which only one has to...
-
_________ are indicators or symptoms of actual risk events, such as a cost overrun on early activities being a symptom of poor cost estimates. a. Probabilities b. Impacts c. Watch list items d....
-
What are the three primary ways enterprises use their management accounting information?
-
Why does management accounting information need to be timely?
-
Is management accounting information primarily historical or future oriented? How does that compare with financial accounting information?
-
Be prepared to explain the texts comprehensive To illustrate the issues related to interest capitalization, assume that on November 1, 2016, Shalla Company contracted Pfeifer Construction Co. to...
-
On April 1, 2020. Indigo Company received a condemnation award of $473,000 cash as compensation for the forced sale of the company's land and building, which stood in the path of a new state highway....
-
The market price of a stock is $24.55 and it is expected to pay a dividend of $1.44 next year. The required rate of return is 11.23%. What is the expected growth rate of the dividend? Submit Answer...
Study smarter with the SolutionInn App