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The Morris Corporation has $600,000 of debt outstanding, and it pays an interest rate of 8% annually. Morris's annual sales are $3 million, its average tax rate is 40%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 5 to 1, then its bank will refuse to renew the loan and bankruptcy will result. What is Morris's TIE ratio?
Juvenile Justice Special Topic Evaluation
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Activity for Assessment: Is Social Media a good forum for elected leaders? How should they best communicate with the public? You'll evaluate the Governor and Lt. Governor of Texas on their use of Twitter and Facebook to implement their agendas.
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Suppose we want to construct Fishbone diagram to identify the causes of long wait times. The person moderating the group says the general categories of causes (traditionally called the 5Ms) are:
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Create a 350- to 700-word resource as a way to share this information. Examples include the following: A social media page, An information pamphlet and A presentation.
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