What is its times-interest-earned

Assignment Help Business Management
Reference no: EM131209569

Thomson Trucking has $13 billion in assets, and its tax ratio is 40%. Its basic earning power (BEP) ratio is 10%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.

Reference no: EM131209569

Questions Cloud

Which compensation scheme should the government use : Do you see any problem with the performance-related pay scheme when the employee is risk averse?
Pushing its current ratio : Hindelang Corporation has $1,240,324 in current assets and $538,549 in current liabilities. Its initial inventory level is $375,000, and it will raise funds through additional notes payable and use them to increase inventory. How much can Hindelan..
Provides a discussion of warehouse health and safety risks : Provides a detailed discussion of warehouse health and safety risks. These include risks associated with layout, floors, heating, noise, housekeeping and fire.
Discuss ways in which given risks can be reduced : Discuss ways in which each of the following risks can be reduced:  default risk,  interest rate risk,  liquidity risk, and  exchange rate risk.
What is its times-interest-earned : Thomson Trucking has $13 billion in assets, and its tax ratio is 40%. Its basic earning power (BEP) ratio is 10%, and its return on assets (ROA) is 3%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.
What is the equilibrium of this scheme : A worker will be paid $3,000 if she gets at least 40 answers right and $2,500 otherwise. For either type, an hour of studying is as bad as giving up $20 income. What is the equilibrium of this scheme?
Calculate the stripper well selling price : The effective ordinary income tax rate isassumed to be 40%. Calculate the stripper well selling price thatwill make the economics of selling at year 0 a break-even withabandonment at year 0.
Explain your rationale for choosing your five tactics : Explain your rationale for choosing your five tactics for your IMC campaign. Be sure to incorporate concepts from the course to support your rationale! Your rationale should align with the marketing strategy you have already chosen.
What is company dividend yield : The Phillips Company paid total cash dividends of $166,600 on 34,000 outstanding common shares. On the most recent trading day, the common shares sold at $89. What is this company's dividend yield?

Reviews

Write a Review

Business Management Questions & Answers

  Building an integrated project management system

building an integrated project management system

  Cultural diversity in organization impact company-s culture

List the important factors that a manager should keep in mind if his or her organization has a diverse workforce. How does cultural diversity in an organization impact the company's culture?

  Eliminate making this type of error in a work situation

Explain some techniques or approaches you could use that would minimize or eliminate making this type of error in a work situation.

  With rapid variations in technology the boundaries

With rapid variations in technology the boundaries of industries are being redefined. What commerce is the company Google in

  Employment in security servicesgenerally what are the

employment in security servicesgenerally what are the prerequisites for employment in security services? what other

  Role of the stockbroker

Provide Angel a summary prescription for obtaining information and advice that will help to ensure the preservation and growth of the family's newfound wealth.

  Analyze the business-level strategies for the company

Analyze the business-level strategies for the company you chose to determine the business-level strategy you think is important to the long-term success and justify whether or not you judge this to be a good choice

  How do the principle relate to either your either internship

Identify any four business ethics principles that you feel are the most important and why? How do these principles relate to either your either internship, place of employment, or at your College - please provide examples.

  Define direct marketing and give some real world examples

Define direct marketing and give some real world examples

  Briefly define an organizational change you have experienced

Briefly define an organizational change you have experienced. Which leadership styles did you perceive from those who implemented the change

  Explain how a business can maximize the relationship

Comprise the order of priority among the three and explain why they should be viewed in that order. Illustrate explain how a business can maximize the relationship among these three.

  Important information about earth

what do you think would happen if the greenhouse gases are sequestered underground or is it safe to do so? Your thoughts, please?

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