Interest earned ratio for the year
In a recent year Joey Corporation had net income of $140,000, interest expense of $40,000, and tax expense of $20,000. What was Joey Corporation's times interest earned ratio for the year?
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Determine rate of return that must be earned on net proceeds so as not to dilute earnings in inital year. Original 2,500,000 shares with after tax earnings of $7,500,000. New issue is 600,000 sh at 20.00 with 5% spread, and $200,000 out of pocket
When bonds are issued at a premium, the bond premium:
Blue Company acquires Maize Company by acquiring its net assets. On the date of the combination, the book value of Maize's identifiable net assets is $200,000. The fair value of its identifiable net assets is $300,000. Blue pays a total of $350,00
What amount will be recorded as goodwill by Burrough Corporation while recording its investment in Helyar?
On May 1, Jeff Wilkins started Skyline Flying School, a company that provides flying lessons by investing $45,000 cash in the business. Following are the assets and liabilities of the company on May 31, 2012 and the revenues and expenses for the m
Arnold Corporation has been authorized to issue 40,000 shares of $100 par value, 8%, noncumulative preferred stock and 2,000,000 shares of no-par common stock. The corporation assigned a $5 stated value to the common stock. At December 31, 2011, t
Compute the equivalent units of production for October, assuming that the company uses the weighted-average method of accounting for units and costs.
Shorebuck's Coffee can sell all the units it can produce of either latte or cappuccino but not both. Latte has a unit contribution margin of $45 and takes three machine hours to make and cappuccino has a unit contribution margin of $32 and takes t
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Explain the risks of not reporting the results of your forensic assessment findings accurately. Provide specific examples.
Read "The Effect of Tart Cherry Juice Compared to a Sports Drink and Cycling Exercise Performance, Substrate Metabolism, and Recovery" from University Library
Identify and analyze one resource that provides information regarding services for dealing with and treating substance use and abuse in youth or adolescence.
Discuss how culture may influence one's perceptions. Provide an example of how culture may impact the interaction between a patient/client
Write an essay describing your achievement of a goal and your friends or family member's achievement of a goal using motivational theory
Pets can have a therapeutic effect on people; they seem to have the power to calm the anxious and cheer the depressed. Give three reasons
Review Chapter 12 and consider how your culture has impacted your worldview and personality. Pay particular attention to the section on characteristics of Cult