User Account

All Pages

What is the firm times interest earned ratio

Assignment Help Finance Basics
Reference no: EM132638109

In the past year, TVG had revenues of $3.04 million, cost of goods sold of $2.54 million, and depreciation expense of $130,280. The firm has a single issue of debt outstanding with book value of $1.04 million on which it pays an interest rate of 9%. What is the firm's times interest earned ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM132638109

Questions Cloud

Identify an element of the hernandez family case : Identify an element of the Hernandez family's case that may influence the way Juan and Elena Hernandez address their issue with the social worker.
How well are the theories put to practice : A walk through the Business section of any bookstore or a quick Internet search on the topic will reveal a seemingly endless supply of writings on leadership.
What is simple random sampling : What's simple random sampling? Is it possible to sample data instances using a distribution different from the uniform distribution?
How the social worker could use evidence-based assessment : A family of three, made up of a single mother, How the social worker could use evidence-based assessment with the mother of this family.
What is the firm times interest earned ratio : What is the firm's times interest earned ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Describes the situation and discuss the safety implications : Describes the situation/scenario and discusses the safety implications. Discusses how the team effectively or ineffectively demonstrated the QSEN competencies.
Describe basic business activities of Virgin Airlines : Briefly describe the basic business activities of Virgin Australia Airlines involved in the revenue and expenditure cycles of the Virgin Australia Airlines
Find the share value of the two companies : Assume two listed companies for which the following pieces of information are provided:
Complexity of information systems research : This journal article was focused on the Complexity of Information Systems Research in the Digital World.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the required risk-adjusted return on the project

The required investment outlay on the project is $4500. What is the required risk-adjusted return on the project? Should the project be purchased?

  What is the value of jordan to national

The incremental value of the acquisition is $210,000. What is the value of Jordan's to National?

  For the futures prices calculate the difference between the

assignment download some futures prices with at least 6 expirations and 6 call option prices on the same underlying.

  Why understanding the time value of money is important

Explain why understanding the time value of money is important to investors. Explain the risk for investors in not understanding the time value of money.

  What is the implied value of each warrant

The current yield on similar straight bonds is 15%. What is the implied value of each warrant? (a) $3.76 (b) $3.94 (c) $4.14 (d) $4.35 (e) $4.56

  Corporate finance application require return for capital

Suppose that Smith Company is considering a new project. They are trying to determine the required rate of return for their debt and equity holders.

  What is the net present value of the project

What is the net present value of the project if the required rate of return is 16 percent?

  The new product line requires an investment ninv of 10

essex chemical company is considering an expansion into a new product line that is more risky than its existing product

  Firm 2016 net operating income and net income

The interest rate on the? company's debt is 5.9 ?percent, and its tax rate is 35 percent. The operating profit margin is 14 percent.

  Considered conforming or non-conforming

Would your mortgage be considered conforming or non-conforming

  Total value of sam miscellaneous itemized deductions

What is the total value of Sam's miscellaneous itemized deductions?

  Probability of failure for complexity

What is the probability of failure for complexity if these two criteria are met?

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