User Account

All Pages

What interest coverage ratio would be

Assignment Help Financial Accounting
Reference no: EM132601225

Question 1: If you have Birr1000 and you plan to save it for 4 years with an interest rate of 10%, what is the future value of your savings?

A. Birr 1464.00

B. Birr 1000.00

C. Birr 1331.00

D. Cannot be determined.

Question 2: Earnings after Interest and Tax is Birr 20 crore, interest is Birr 4 crore, Income Tax is Birr 16 crore, Interest Coverage Ratio would be:

A. 10

B. 9

C. 7.5

D. 5

Reference no: EM132601225

Questions Cloud

Effects of an adverse technological shock : Using the real business cycle theory, explain two (2) effects of an adverse technological shock on the labor market and on the output market.
What are the current key trends in data warehousing : Explain the major components of a data warehouse architecture, including the various forms of data transformations needed to prepare data for a data warehouse.
Analyze the situation using economic reasoning : Activity 4 - National Income Article (Fluctuations in output and the price level)
Contrast the tools of financial statement analysis : What does financial statement analysis mean and for what purpose the managers need it? Compare and contrast the tools of financial statement analysis.
What interest coverage ratio would be : Earnings after Interest and Tax is Birr 20 crore, interest is Birr 4 crore, Income Tax is Birr 16 crore, Interest Coverage Ratio would be
Draw er diagram that represents the business rules : Draw ER Diagram that represents the following business rules and Explain the differences between user views, a conceptual schema, and an internal schema
What the concepts of present value and future value are : If you have Birr1000 and you plan to save it for 4 years with an interest rate of 10%, find what is the future value of your savings?
Historical government debt loads : In our section on fiscal policy we examined the main sources of the federal government's revenues, personal income taxes, corporate taxes
Why institutions might be reluctant to move their it : Discuss in 600 words, why institutions might be reluctant to move their IT to the cloud. Consider a specific industry like education, medicine, military, etc.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find which is not a criterion for the lessor

Company A has classified the lease as a sales-type lease. Which of the following is not a criterion for the lessor to classify the lease as a sales-type lease?

  Compute taxable income

Jeff and Judee are a married couple both in their 40’s with two dependent sons. Their salaries total $105,000. They have a capital loss of $7,000 and tax-exempt interest income of $600. They paid home mortgage interest of $13,000, state income taxes ..

  Transaction that qualifies for sale or exchange treatment

Five years ago, Rachel transferred property she had used in her sole proprietorship to Green Corporation for 100 shares of Green Corporation in a transaction that qualified under § 351. In the current year, Green Corporation (E&P of $1 million) redee..

  What is ratio analysis and why is important

What is ratio analysis and why it is important? Provide the suitable example.What are the liquidity/solvency ratios and why are they important?

  Illustrate what is the amount of dividends received

There were no dividends declared in 2009. The board of directors declares and pays a $90,000 dividend in 2010 and in 2011. Illustrate what is the amount of dividends received by the common stockholders in 2011?

  Fred arrived at salmon river early on sunday october 11 and

fred arrived at salmon river early on sunday october 11 and instantly met with eileen. -me first thing we must do is to

  Expenditures that would most appropriately be capitalized

Your supervisor has come to you with the following list of expenditures for the year and is asking you whether they should be capitalized or expensed as repairs and maintenance. Indicate all of the expenditures that would most appropriately be capita..

  Calculate cost of goods manufactured for this company

Inventories - Cost of goods manufactured and Calculate the cost of goods manufactured for this company

  Make the amortization schedule for the loan

Make the amortization schedule for the loan. What should his equal end of year deposit be to accumulate $350,000 at 10% rate of interest?

  Record the journal entries for the select transactions

Eraesi Company, which uses the perpetual inventory system, began operations on January 1, 2010. At January 1, 2011, the Company reports the following balances.

  Prepare the april classified balance sheet

Prepare an accrual-basis income statement for the 6 months ended April 30, 2012 and prepare the April 30, 2012, classified balance sheet.

  Wholesales repair products to equipment manufacturers

Daan Corporation wholesales repair products to equipment manufacturers. On April 1, 2014, Daan Corporation issued $5,600,000 of 10-year, 11% bonds at a market (effective) interest rate of 10%, receiving cash of $5,948,940. Interest is payable semi an..

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