User Account

All Pages

Calculate the cash coverage ratio

Assignment Help Financial Accounting
Reference no: EM13515301

Calculating the Cash Coverage Ratio

Tommy Bad finger Inc.'s net income for the most recent year was $8,175. The tax rate was 34 percent. The firm paid $2,380 in total interest expense and deducted $1,560 in depreciation expense. What was Tommy Bad finger's cash coverage ratio for the year?

Reference no: EM13515301

Questions Cloud

What are the basic components of a financial plan : What are the basic components of a financial plan and why is it necessary to designate a plug in a financial planning model?
Explain the formation of magnesium chloride : The first ionization energy of magnesium is 738 kJ/mol, the second ionization energy of magnesium is 1451 kJ/mol, and the electron affinity for chlorine is -349 kJ/mol. Prove mathematically using Hess's Law that the formation of magnesium chloride..
What is the peak output voltage of this generator : The coil in a 60-Hz ac generator has 125 turns, each having an area of 3.0 × 10-2 m2 and is rotated in a uniform 0.12-T magnetic field
Define sodium mandelate to produce a buffer solution : What volume of 0.200M HCl must be added to 250.0mL of 0.300M sodium mandelate to produce a buffer solution with a pH of 3.37. The answer is 194 mL of HCl; however, I'm not sure of how to solve for it.
Calculate the cash coverage ratio : What was Tommy Bad finger's cash coverage ratio for the year - Calculate the Cash Coverage Ratio
Define the ph of the equivalence point and the volume : Find the pH of the equivalence point and the volume (mL) of 0.0746 M KOH needed to reach the equivalence point in the titration of 23.4 mL of 0.0390 M HNO2.
Find at what coordinates can a third charge be placed : A +6.4 µC charge is placed at the origin and a -3.3 µC charge is placed at x = 25 cm. At what coordinates can a third charge be placed
What is the external financing needed to support : If the firm is operating at full capacity and no new debt or equity is issued, what is the external financing needed to support the 20 percent growth rate in sales?
What is the minimal sum of product form : What is the minimal sum of product form for the following switching function

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd