What was titans cash coverage ratio for the year

Assignment Help Finance Basics
Reference no: EM13284764

Calculating the Cash Coverage Ratio Titan Inc.'s net income for the most recent year was $8,320. The tax rate was 34 percent. The firm paid $1,940 in total interest expense and deducted $2,730 in depreciation expense. What was Titan's cash coverage ratio for the year?

Reference no: EM13284764

Questions Cloud

What is the readout error when the intensity is given : Design a system using the photoconductive cell to measure and display light intensity. Make the design such that 20 to 100 mW/cm2 produces an output of .2 to 1.0 V. What is the readout error when the intensity is 60 mW/cm2
Company management and company shareholders : Company management, company shareholders and creditors /lenders. Of these three, which stakeholder do you consider most important and why?
What is the most expensive : What is the most expensive car you could afford if you finance it for 48 months? Round your answer to the nearest cent. What is the most expensive car you could afford if you finance it for 60 months? Round your answer to the nearest cent.
Explain chromium crystalizes forming body center cubic unit : chromium crystalizes forming body center cubic unit cell length 280 pm. What is the radius of chromium atom in pm
What was titans cash coverage ratio for the year : The tax rate was 34 percent. The firm paid $1,940 in total interest expense and deducted $2,730 in depreciation expense. What was Titan's cash coverage ratio for the year?
Find thermal equilibrium recombination rate of holes : A SEMICONDUCTOR IN THERMAL EQUILIBRIUM, HAS A HOLE CONCENTRATION OF P0=1016 CM-3 AND AN INTRINSIC CONCENTRATION OF Ni =1010 CM-3. THE MINORITY CARRIER LIFE TIME IS 4*10-7s.
What is the equity multiplier : Equity Multiplier and Return on Equity Nuber Company has a debt equity ratio of .80. Return on assets is 9.7 percent, and total equity is $735,000. What is the equity multiplier? Return on equity? Net income?
Does the federal court have jurisdiction : Henry, a resident of Nevada, sued Adam, a resident of Utah in the Federal Court in California. He sought $60,000 damages for personal injuries arising from an automobile accident that occurred in Los Angeles, CA.
Find value of the capacitor to improve power factor unity : 120V, 60 Hz source is connected to a distribution line whose resistance, and inductive reactance is 0.001Ohm, j0.002 Ohm, respectively. Single phase, 100HP, 120V, 0.85 pf. motor; and 100Kw, 120V heater are connected in parallel.

Reviews

Write a Review

Finance Basics Questions & Answers

  Explain decision making on the basis of the net present

Explain decision making on the basis of the net present value criterion and profitability index of a project with a net investment of $20,000

  Computing present value of 30 year annuity

Find out  the present value of 30 year annuity with payments of $800 per year when interest rates are 12% annually?

  Role and history of international accounting standards

Describe the role and history of the International Accounting Standards Board. Include an examination of the Board's evolution and stance on ethics issues.

  Use financial calculator to solve for the interest rate

Use financial calculator to solve for the interest rate involved in the following future value of an annuity due problem. The future value is $57,000, the annual payment is $7,500, and the time period is six years.

  How much outside financing is needed

In the event that either debt or equity could be used to meet the objective, what other considerations should affect the choice? In particular, how might you expect issues of control and risk to bear on the decision?

  Determine the npv

A project has the following cash flows: What is the NPV at a discount rate of zero percent?

  How these assumptions and changes after hermosa perspectives

How do these assumptions and changes after Hermosa's perspective on the proposed investment? Please assist me with this assignment.

  Determine the total value

Firm L has debt with a market value of $200,000 and a yield of 9 percent. The company's equity has a market value of $300,000, its earnings are growing at a 5% rate, and its tax rate is 40 percent.

  Export patterns

You've been asked to research the export patterns of principal competitor, which include : Clorox (TM) , Colgate-Palmolive (TM), Dial Corporation (TM) , and Procter & Gamble (TM). Locate the annual report (and other information) for one of these c..

  Broker and dealer profits and trading

Discuss the agency transaction (brokerage) and the principle transaction (dealer) that is involved in trading. What determines profits in each activity?

  Compute the current and quick ratio

The Jamesway Printing Corporation has current assets of $3.0 million. Of this total, $1.0 million is inventory, $0.5 million is cash, $1.0 million is accounts receivable, and the balance is marketable securities. Jamesway has $1.5 million in current ..

  Explain financial institutions and markets

Discuss and explain what financial institutions and markets are, and what opportunities they offer a Financial Manager in decision making.

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