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Tree Frog Company is organized as a LLC and pays no income taxes. The company has fixed interest expense of $5,750, Sales of $253,000 and variable expenses of $189,750. What is the company's times interest earned ratio?
a. 44
b. 33
c. 11
d. 10
e. $63,250
Suppose Asset A has an expected return of 10% and a standard deviation of 20%. Asset B has an expected return of 16% and a standard deviation of 40%. I f the correlation between A and B is 0.35, what are the expected return and standard deviation ..
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Was the selection of the college as an income beneficiary a wise decision by Campbell's grantor? Comment specifically concerning the tax effects of the trust's cost recovery deductions and of its potential business operating losses.
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