Business, 05.05.2020 05:12 slbucknerholmes9
He following information was available for the year ended December 31, 2019: Earnings before interest and taxes (operating income) $ 117,000 Interest expense 29,000 Income tax expense 34,000 Net income 54,000 Total assets at year-end 390,000 Total liabilities at year-end 196,000 Required: Calculate the debt ratio at December 31, 2019. (Round your answer to 1 decimal place.) Calculate the debt/equity ratio at December 31, 2019. (Round your answer to 2 decimal places.) Calculate the times interest earned for the year ended December 31, 2019. (Round your answer to 2 decimal places.)
Answers: 2
Business, 21.06.2019 21:00, libi052207
The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)
Answers: 3
Business, 22.06.2019 07:50, pattydixon6
The questions of economics address which of the following ? check all that apply
Answers: 3
He following information was available for the year ended December 31, 2019: Earnings before interes...
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