Find the times-interest-earned ratio

Reference no: EM131977790

Question: Graser Trucking has $16 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131977790

Questions Cloud

What is the sustainable rate of growth : The Green Giant has a 5 percent profit margin and a 36 percent dividend payout ratio. The total asset turnover is 1.4 and the equity multiplier is 1.4.

Choosing cost drivers for allocating costs to products : Give three criteria for choosing cost drivers for allocating costs to products.

Identify the stakeholders change agents : Develop an initial reference list to assure that there is adequate literature to support your evidence-based practice project

Determine the net advantage to leasing : Green Valley Farms is considering either leasing or buying some new farm equipment. The lessor will charge $18,000 a year lease. The purchase price is $58,000.

Find the times-interest-earned ratio : Graser Trucking has $16 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 12%, and its return on assets (ROA) is 3%.

Find what is the current bond price : Great Wall Pizzeria issued 7-year bonds one year ago at a coupon rate of 6.5 percent. If the YTM on these bonds is 8.6 percent, what is the current bond price?

Each of the four terminal value assumptions : Calculate VT and V0 under each of the four terminal value assumptions. Forecast this property’s NOI over Caden’s expected holding period.

Calculate the npv and irr of investment : Calculate the NPV and IRR of this investment under each of the four terminal value assumptions discussed in class.

What is the npv of a project if the initial costs given : Green Landscaping, Inc. is using net present value (NPV) when evaluating projects. Green Landscaping's cost of capital is 9.66 percent.

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

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

User Account

All Pages