What is its times-interest-earned ratio

Assignment Help Financial Management
Reference no: EM131832002

1. Thomson Trucking has $11 billion in assets, and its tax rate is 30%. Its basic earning power (BEP) ratio is 20%, and its return on assets (ROA) is 5%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

2. A house painting business had revenues of $16,900 and expenses of $9,900 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital: Accounts receivable $ 2,100 $ 5,400 Accounts payable 880 390 Calculate net cash flow for the business for this period.

Reference no: EM131832002

Questions Cloud

Diamonds makes synthetic diamonds by treating carbon : Dime a Dozen Diamonds makes synthetic diamonds by treating carbon. What is the accounting break-even level of sales in terms of number of diamonds sold?
What factors would you consider in making such decisions : What factors should be taken into account in decisions about salary equity? For example, should a teacher and a truck driver be paid the same.
Process of semi-conservative replication : One strand of a single DNA helix is labeled red while the other strand of the same DNA helix is labeled blue. This double helix DNA is replicated
Indicate about the dominant and recessive alleles : Which of the following does this most likely indicate about the dominant and recessive alleles?
What is its times-interest-earned ratio : Thomson Trucking has $11 billion in assets, and its tax rate is 30%. What is its times-interest-earned (TIE) ratio?
Autosomal recessive disorder : Sickle cell anemia is an autosomal recessive disorder. Using "S" and "s" to represent the alleles, what is the genotype of a person afflicted with sickle cell a
Consideration of important point like definations : Details notes about the heart taking in consideration of important point like definations, description, location, layers of the heart
Explore the concept of id management for the company : Your supervisor has asked you to explore the concept of ID management for the company. What is involved? How does it pertain to the topic of security?
Discuss about to prevent terrorism and enhance security : You are expected to utilize the material that has been provided to you thus far, as well as other applicable material discovered during research.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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!

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