User Account

All Pages

What was marigold corps times interest earned

Assignment Help Accounting Basics
Reference no: EM131632361

Question - In a recent year Marigold Corp. had net income of $162000, interest expense of $28100, and income tax expense of $41300. What was Marigold Corp.'s times interest earned (rounded) for the year?

7.23

8.23

6.77

5.77

Reference no: EM131632361

Questions Cloud

Manager of a factory of the make-it company : You are the manager of a factory of the Make-It Company. You have 5,000 parts that must be shipped by Friday at 5:00 p.m. Things have been on schedule
Why might independence be desirable : Why might independence be desirable? What characteristics of an agency may promote independence or "insulation"?
What is the fair present value of the stock : Consider a firm with a 9.5 percent growth rate of dividends expected in the future. The current year's dividend was $1.32.
Differences between public and private administration : What are the major similarities and major differences between public and private administration?
What was marigold corps times interest earned : In a recent year Marigold Corp. had net income of $162000, interest expense of $28100, What was Marigold Corp.'s times interest earned (rounded) for the year
Describe an overview of laos contemporary history : In a 1-2 two page summary, describe an overview of Laos contemporary history, culture, and economy.
Investigation of the tools : As you start your investigation of the "tools" needed to become a successful Life Coach, present and defend 1 more "tool"
What return are shareholders expecting : A company recently paid a $0.35 dividend. The dividend is expected to grow at a 10.5 percent rate. At a current stock price of $24.25.
Shared responsibilities and general policy in us health care : Where does the money come from, and how is it used? What is the relationship of our health care cost to our health care value?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Question 1 your investmentnbspadvisernbspwants you to

question 1 your investmentnbspadvisernbspwants you to purchase an annuity that will pay you 25000 per year for 10

  What is the breakeven point in units for each product a

assume the following information for two products hawaii fantasy and hawaii joy hawaii fantasy sales mix- 4 units

  Determine equivalent units in process for direct materials

Determine the equivalent units in process for direct materials and conversion costs, assuming there was no beginning inventory.

  Problem regarding the net capital expenditures

Can the firm afford to pay out dividends right now? Why or why not? Assuming net income grows 40 percent a year and that net capital expenditures grow 10 percent a year, when will the firm be in a position to pay dividends?

  Corner manufacturing purchases a large lot on which an old

corner manufacturing purchases a large lot on which an old building is located as part of its plans to build a new

  The sarbanes-oxley act requires that companies provide

1.one goal of managerial accounting is to a help investors decide whether they should invest in the company. b help

  Digdug corporation had outstanding checks totaling 5400 on

digdug corporation had outstanding checks totaling 5400 on its june bank reconciliation. in july digdug issued checks

  Advise ABC of its FBI consequences

Advise ABC of its FBI consequences arising out of the above information, including calculation of any FBT liability, for the year ending 31 March 2017

  Total cost recovery deduction

Audra elects section 179 for asset C. Audra's taxable income from her business would not create a limitation for purposes of the section 179 deduction. Audra elects not to take additional first-year depreciation. Determine her total cost recovery ..

  Concept regarding transactions

The company can identify separately the cost of the product and services and has determined that fair value of the products and services is the selling price (VSOE). Under both US GAAP and IFRS, which of the following statements would be correct r..

  Weaknesses in consports expenditure cycle

Identify weaknesses in Consports expenditure cycle, explain the resulting problem, and suggest a control procedure that would best prevent or detect and correct each weakness. Use the labels next to each step to reference your answer.

  How much is magdalena basis in the inventory received

When Magdalena's outside basis is $58,000, she receives a liquidating distribution of $15,000 cash, How much is Magdalena's basis in the inventory received

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