What is the times interest earned ratio

Assignment Help Finance Basics
Reference no: EM13296435

Wexford Hotels has sales of $289,600, depreciation of $21,400, interest of $1,300, Operating Income of $23,269.70, and a tax rate of 34 percent. What is the times interest earned ratio.

Reference no: EM13296435

Questions Cloud

What is the firm annual breakeven volume in units : Assume the following facts about a firm that sells just one product: Selling price per unit = $24.00 Variable costs per unit = $18.00 Total monthly fixed costs = $2,500 What is the firm's annual breakeven volume in units?
Determine the shear stress in the water at y : The velocity distribution for water (20 C) near a wall is given by u=a(y/b)^1/6 where a=10m/s, b=2mm, and y is the distance from the wall in mm. Determine the shear stress in the water at y=1mm. [viscosity of water at 20 C = 1.81 x 10^-5]
Calculate the space-mean speed of these four vehicles : A radar device is installed at a location on the roadside to measure instantaneous speeds of vehicles passing that location. The initial four vehicles' speeds are listed. Calculate the space-mean speed of these four vehicles.
Find the amplitude and phase of this sinusoidal wave : Two waves are described by the following wave functions y1(x,t) = 3.50 sin (2.00x ? 10.0t) y2(x,t) = 12.00 cos (2.00x ? 10.0t) , find the amplitude and phase of this sinusoidal wave
What is the times interest earned ratio : Wexford Hotels has sales of $289,600, depreciation of $21,400, interest of $1,300, Operating Income of $23,269.70, and a tax rate of 34 percent. What is the times interest earned ratio.
Describe the measurements that would have to be taken : describe the measurements that would have to be taken and the equations that would have to be used to determine G23, V32, and E2 for a specially orthotropic transversely isotropic material from a single tensile test.
Explain the pkb values for the dibasic base b are pkb1 : The pKb values for the dibasic base B are pKb1 = 2.1 and pKb2 = 7.8. Calculate the pH at each of the following points in the titration of 50.0 mL of a 0.60 M B(aq) with 0.60 M HCl(aq).
What is the market-to-book ratio : ABC's Balance Sheet lists Current Assets of $300, Current Liabilities of $200, Fixed Assets of $700, Long-Term Debt of $400. ABC has 200 shares outstanding. What is the market-to-book ratio (MTB) if the market price per share is $8?
Under the revised uniform partnership act : Under the Revised Uniform Partnership Act, The difference between a limited partnership and a registered limited liability partnership (RLLP) is that

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the operating cash flow of the project

The company has a marginal tax rate of 35%. What is the operating cash flow of the project using the tax shield approach?

  Calculate the copy department costs allocated to sales

Assuming the following copies were made during the year, 2,877,500 for sales and 2,735,000 for administration, calculate the copy department costs allocated to sales.

  Discuss unsuccessful negotiation situation

Describe unsuccessful negotiation situation and suggest actions could have been taken to enhance future like negotiations by applying best practices in negotiations.

  What is the present value

A 20-year annuity pays $1,300 per month, and payments are made at the end of each month. If the interest rate is 11 percent compounded monthly for the first ten years, and 7 percent compounded monthly thereafter, what is the present value of the a..

  Determine the percentage change in demand

If there has been a 10% increase in consumer income between two periods, determine the percentage change in the demand for foreign travel?

  Arduous and expensive plan compared with junk bonds

John and I have been explaining my belief that junk bonds should not be allowed. John asked me to look at it from the issuer's point and I did.

  Computed of future value of a bond and preferred stock

Computed of Future value of a bond and discussion on preferred stock, risk free rate, Beta, NPV, cost of debt,IRR.

  Calculate the return on invested capital

Calculate the return on invested capital (ROIC) for each firm. Round your answers to two decimal places.

  Calculate a point estimate along with best and worst case

Keener's cost of capital is 14% and its marginal tax rate is 35%. Calculate a point estimate along with best and worst case scenarios for the project's NPV.

  How much dividend income will you receive on september

How much dividend income will you receive on September 1 as a result of your ownership of Wagoneer stock?

  Find the value of firm

Delta software was discovered last year to develop software for gaming applications. The founder initially invested $800,000 and received eight million shares of stock.

  What is the npv

what is the NPV? If the discount rate is infinite, what is the NPV? At what discount rate is the NPV just equal to zero?

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