subject
Business, 03.02.2022 02:20 HectorSP2

Thomson Trucking has $18 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) ratio is 10%, and its return on assets (ROA) is 4.25%. What is its times-interest-earned (TIE) ratio

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:40
Suppose general motors demands labor according to the labor demand function ํ‘คํ‘ค= 40โˆ’0. 5ํธํธ, where ํ‘คํ‘ค is the hourly wage and ํธํธ is the number of employees. the united auto workers union has a utility function given by ํ‘ˆํ‘ˆ=ํ‘Šํ‘Šโˆ—ํธํธ. a.in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b.if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.
Answers: 1
question
Business, 22.06.2019 03:30
Tiana daniels enterpriseโ€™s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks
Answers: 2
question
Business, 22.06.2019 11:30
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
question
Business, 22.06.2019 18:00
Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan
Answers: 2
You know the right answer?
Thomson Trucking has $18 billion in assets, and its tax rate is 25%. Its basic earning power (BEP) r...
Questions
question
Mathematics, 09.12.2020 19:00
question
History, 09.12.2020 19:00
Questions on the website: 13722363