What was bramble corps times interest earned

Assignment Help Accounting Basics
Reference no: EM131865941

Question - In a recent year Bramble Corp. had net income of $159000, interest expense of $28500, and income tax expense of $37500. What was Bramble Corp.'s times interest earned (rounded) for the year?

Reference no: EM131865941

Questions Cloud

Calculate the size of monthly payments : if interest on the mortgage is 4.5% compounded semi-anually, calculate the size of monthly payments made at the end of each month.
What is the theory behind the matching principle : How are debits and credits used to record business transactions? What is the theory behind the matching principle
What would be the monthly payment to pay it off in one year : Sally obtains a one year loan of $3000 based on an interest rate of 12% compounded annually. what would be the monthly payment to pay it off in 1 year ?
What was the impact of the near failure of bear stearns : What was the impact of the near failure of Bear Stearns and the failure of Lehman Brothers on Money Markets?
What was bramble corps times interest earned : In a recent year Bramble Corp. had net income of $159000, What was Bramble Corp.'s times interest earned (rounded) for the year
Which part of the axial skeleton does this disorder affect : Which part of the axial skeleton does this disorder affect? What are the symptoms of this disorder?
What is the role of a mediator : What is the role of a mediator and What pathway and steps should they follow in dissolving a negotiation deadlock
What is the current value of this stream of payments : The interest rate is 5% compounded annually. What is the current value of this stream of payments?
Chemical reactions that decompose large molecules : is the sum of all of the chemical reactions in the body, while refers to chemical reactions that decompose large molecules into smaller ones.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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