Estimating times interest earned ratio
Anderson inc has 5,000,0000 debt at 10% per year, sale of 10,000,000, a tax rate of 40% and a net profit margin of 6%, what is anderson's times interest earned ratio?
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Following is the governemental activities pre-closing trial balance for the Town of Freaz. Freaz is a relatively small town and, as a result, it has only governmental funds.
The heating system was replaced at a cost of $220,000. The cost of the old system was not known. The company accounts for improvements as reductions of accumulated depreciation.
Use forward and backward difference approximations of O(h) and a centered difference approximation of O(h^2) to estimate the first derivative of the function examined in Prob. 4.5 f(x)=25x^3-6x^2+7x-88.
The topic is climate change and global warming. Write an essay that demonstrates your critical analysis of the following editorial from The New York Times:
Compute straight-line depreciation on the building at the end of one year, assuming an estimated 10-year useful life and a $16,500 estimated residual value.
The 2010 income statement showed an interest expense of $118,000. What was the firm's cash flow to creditors during 2010?
Temple Corp. is considering a new project whose data are shown below. The equipment that would be used has a three-year tax life, would be depreciated by the straight-line method over its three-year life, and would have a zero salvage value.
Dividends were declared and paid during the year. A gain of $8,000 was recorded on the sale of the long-term investments. The company did not purchase any long-term investments or dispose of any property, plant, and equipment during the year.
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