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1.Use the following information from separate companies a through f to compute times interest earned. Which company indicates the strongest ability to pay interest expense as it comes due? (Round ratios to twodecimals.)
acme corporation purchased a new machine on september 30 20x1 at a cost of 23000. the machine is expected to last five
durden co. has 10 par value 10 cumulative preferred stock. there are 10000 shares issued and outstanding of the
Company policy requires that ending inventories for each month be 15% of next month's sales. At the beginning of April, the beginning inventory of mats met that policy.
swensons incorporated issues a 400000 8 10-year mortgage note on december 312007. the proceeds from the note are to be
the following details are available in respect of a product produced in a factory product s having standard mix of 250
Techgear is an electronics company in the United States. It uses the LIFO inventory method. You plan to compare its ratios to Eurotext, but you are concerned because Eurotext uses IFRS. What accounting policy difference is certain to exist between th..
a company has net income of 3000000. it has 600000 weighted-average common shares outstanding and a price-earnings
1.you have deposited 21618 in a special account that has a guaranteed interest rate of 18 per year. if you are willing
Its sales for the year were $32,000,000. Its EBIT for 20XX was $1,500,000, and its accumulated depreciation on fixed assets was $4,000,000. What was its fixed assets turnover ratio.
standard company has developed standard manufacturing overhead costs based on a capacity of 180000 direct labor hours
on november 10th jumpstart co. provides 2900 in services to clients. at the time of service the clients paid 600.00 in
On November 1, Prince Vacuum Company offered special early retirement benefits to those employees who were eligible. This program was in effect until year-end. Prince should recognize a liability and an expense related to these special termination..
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