Times interest earned Study guides, Class notes & Summaries

Well-structured FIN2601 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)...Question 1 Complete Mark 1.00 out of 1.00 QUIZ Which of the following statements are correct if a company focuses on profits as financial goal? a) Risk is ignored. b) The share price is ignored. c) The size of the investment required to generate the profit is ignored. 1. a and b 2. c and a 3. b and c 4. a, b and c Question 2 Complete Mark 1.00 out...

BUSI 490 IntensiveWhat is the current ratio? - correct answer current assets/current liabilities What is the quick (acid test) ratio? - correct answer current assets - inventory/current liabilities What is the total debt ratio? - correct answer (total assets - total equity)/total assets What is the times interest earned ratio? - correct answer EBIT/interest expense What is the inventory turnover ratio? - correct answer cost of goods sold/average inventory What is day's sales in i...

FIN2601 Assignment 1 (QUALITY ANSWERS) Semester 1 2024 ............ 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Unique Number: 695916 QUESTION 1 Which one of the following statements articulates the distinction between the capital market and the money market? * 1. 0 2. 0 3. 0 4. The capital market deals with long-term securities, while the money market deals with short-term instruments. The capital m...

Foundation of Accounting from peregrine global(2023 updated)fully solvedFinancial statements - correct answer provide information that is useful for making investment and other economic decisions about businesses horizontal analysis - correct answer the amount of each line item on the most recent statement is compared with the related item on earlier statements, and expressed as a percentage change. When horizontal analysis is used to compare data from two or more dates or periods, amounts fr...

WGU C268 Spreadsheets Formulae Practice Test Correctly Solved A+ Calculate the payment amount for the loan in cell C15. Reference the cells containing the appropriate loan information as the arguments for the function you use. Cells C20-C67 in the "Payment" column are populated with the payment amount from cell C15. [34 Points] *Ans* =PMT(C13/12,C12,C11) Calculate, in cell D20, the interest amount for period 1 by multiplying the balance in period 0 (cell F19) by the loan interest rate (c...

Major Field Test Business Complete Study Guide Balance Sheet - Attempts to describe the financial condition of the firm at a point in time. Includes: Assets, Liabilities, & Equity - "net assets" what remains after deducting liabilities from assets.. Income Statement - Presents the results of the operations of an entity over a peroid of time. Includes: Revenues, Expenses, Income, Gains & Losses Statement of Equity or Statement of Retained Earnings (Capital) - Bridges the gap between ...

ACC 200 Final Exam; Questions & Answers 100% Verified Receivables turnover ratio Correct answer-net credit sales / average accounts receivables Inventory turnover ratio Correct answer-costs of goods sold / average inventory Current ratio Correct answer-current assets / current liabilities Debt to equity ratio Correct answer-total liabilities / stockholders' equity Times interest earned ratio Correct answer-net income + interest expense + tax expense / interest expense

Transaction tagging - electronically marks specific translations. - Embedded audit modules - sections of program code collect date for the auditor. - Test data - use the client's system to process the auditor's data, off-line. - Integrated test facility - use of the client's system to process the auditor's data, on-line. - Parallel simulation - use of the auditor's system to process client data.4-35 List and briefly define the types of computer assisted audit techniques (CAATs) that m...

RATE - Ans calculates the interest rate earned for an investment given the number of payments made as part of the investment, the payment amount, and the current value of the investment. (nper, pmt, pv, [fv], [type], [guess]) =RATE(Number of Payments, Monthly Payment Amount, Loan Amount)*12 EFFECT - Ans calculates the annual percentage rate for an interest rate given the number of times per year that interest is charged.

Compound interest (lesson 105) - correct answer Simple interest - correct answer the interest paid on the original principal compound interest - correct answer computed not only on the principal, but also on interest already earned How to determine compound interest - correct answer 1. the simple interest formula can be used repeatedly 2. With compound interest, the interest earned on the original principal amount must be found first 3. The interest can then be added to the p...