Solution-What is the tie ratio,

What is the tie ratio

Reference no: EM131138776

Times-interest-earned-ratio- The H.R. Pickett Corp. has $500,000 of debt outstanding, and it pays an annual interest rate of 10 percent. Its annual sales are $2 million, its average tax rate is 30 percent, and its net profit margin on sales is 5 percent. What is the TIE ratio?

Reference no: EM131138776

Questions Cloud

What should be the proper futures price for a 1 year contrac : Consider the following: States ......0.04/year Risk-free rate in Australia .......0.03/year Spot exchange rate ...................................1.67 A$/$ What should be the proper futures price for a 1-year contract?

Windsor advertising companys trial balance at december : Prepare the adjusting entry at December 31, and using T accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account.

Average to forecast attendance at baseball games : Use a four-period moving average to forecast attendance at baseball games. What is the forecast for the 10th period?

Describe how you will present the negative message in person : Think of a situation in your job in which you need to communicate a negative message. - Develop a written message that states the message clearly.

What is the tie ratio : Times-interest-earned-ratio- The H.R. Pickett Corp. has $500,000 of debt outstanding, and it pays an annual interest rate of 10 percent. Its annual sales are $2 million, its average tax rate is 30 percent, and its net profit margin on sales is 5 perc..

Design firm and employee asks you for favor : You own a website design firm and an employee asks you for a favor: a one-month salary advance. She is one of your best employees, you have worked with her for over 5 years, and you know she is buying a house. Decide how you will organize the email a..

What is the required rate of return : 1. An issue of common stock is selling for $57.20. The year end dividend is expected to be $2.32 assuming a constant growth rate of 6%. What is the required rate of return? 2. Expected cash dividends are $2.50, the dividend yield is 6%, flotation co..

Calculate the vertical ultimate load : Calculate the vertical ultimate load. Assume a circular failure surface for the footing and a planar surface for the cut.

Describe official role of securities and exchange commission : Explain from where the Securities and Exchange Commission receives its authority. Describe the official role of the Securities and Exchange Commission in the development of financial accounting theory and practices.

User Account

All Pages

What is the tie ratio

Reference no: EM131138776

Reference no: EM131138776

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT