What was the companys cash coverage ratio

Assignment Help Financial Management
Reference no: EM13873444

The company’s net income was $8,912 with a tax rate of 34%. The firm paid $3,987 in total expense with a depreciation of $4,873. What was the company’s cash coverage ratio?

Reference no: EM13873444

Questions Cloud

Creating a process flowchart : Process analysis includes creating a process flowchart. What elements of a process need to be included in a process flowchart and why
Local acceleration of gravity : A person whose mass is 150 lb weighs 144.4 lbf. Determine (a) The local acceleration of gravity, in ft/s2, and
What line items reflected the largest-percentage increases : What line items reflected the largest-percentage increases
What was the companys cash coverage ratio : The company’s net income was $8,912 with a tax rate of 34%. The firm paid $3,987 in total expense with a depreciation of $4,873. What was the company’s cash coverage ratio?
Paid dividends-preferred stockholders-common stockholders : Mr. Husker’s Tuxedos Corp. began the year 2015 with $282 million in retained earnings. The firm earned net income of $46 million in 2015 and paid dividends of $7 million to its preferred stockholders and $16 million to its common stockholders. What i..
Determine the amount of energy consumed by the motor : A person gets into an elevator at the lobby level of a hotel together with his 30-kg suitcase, and gets out at the 10th floor 35 m above. Determine the amount of energy consumed by the motor of the elevator that is now stored in the suitcase.
Why do marxists believe that capitalism : write an essay on Some of the literature- the book dunne, kurki Smith -Rupert mark 2007 marking and critical theory the book dunne chapter8-rosenbergjustin 1994 the empire of civil society a critique of realist theory of international relations Lo..
Perfectly fitting pot and its lid often stick : A perfectly fitting pot and its lid often stick after cooking, and it becomes very difficult to open the lid when the pot cools down. Explain why this happens and what you would do to open the lid.

Reviews

Write a Review

 

Financial Management Questions & Answers

  The future value of an investment will increase

Holding all else constant, the future value of an investment will increase if:

  How much would an investor pay for the the bond

What are some of the dangers and incentive problems of the financial sector getting too big and commonwealth Bank issues bonds on the capital market to raise financing for its loans.

  What is the purpose of conducting an experiment?

What is the purpose of conducting an experiment?

  Consider how economic conditions affect the default risk

consider how economic conditions affect the default risk premium. do you think the default risk premium will likely

  What is the equipment trust certificate

When the debt is paid off, the equipment becomes the property of the issuer, as the title is transferred to the company. What is the equipment trust certificate?

  What percentage of principal is paid off-mortgage balance

You purchase a house that costs $625,000 with a 8%, 30-year mortgage. In order to avoid PMI insurance, you decide to follow a conforming mortgage by making a down payment of 20%. 1. What is your monthly payment? 2. Amortize the first and second payme..

  About the time value of money

You just started working full-time, earning $100,000 per year. Your goal is to have $5 million in your 401(k) plan by your 61st birthday (i.e., 40 years from today). Assume 3% inflation per year.

  What is the minimum expected annual return for stock

In order to fund her retirement, Michele requires a portfolio with an expected return of 0.10 per year over the next 30 years. She has decided to invest in Stocks 1, 2, and 3, with 25 percent in Stock 1, 50 percent in Stock 2, and 25 percent in Stock..

  Issue a three-year treasury note to raise

The US Treasury decides to issue a three-year treasury note to raise $16 billion. If the following bids were received, calculate the offer price (to 4 decimal places) of the US T-note per $100 face value.

  Calculate the change in the call options value

What would be the price of a 91-day European-style put option on ARB stock having the same exercise price? Calculate the change in the call option’s value that would occur if ARB’s management suddenly decided to suspend dividend payments and this act..

  Downsizing and the expansion the firm oversees

The focus on core competencies seems to mandate both a downsizing and the expansion the firm oversees. Is this a contradiction? (Hint: Discuss the concept of core competencies and then show how spreading a business across boarders expands the gains f..

  Firm is considering normal-equally risky-mutually exclusive

McCall Manufacturing has a WACC of 10%. The firm is considering two normal, equally risky, mutually exclusive, but not repeatable projects. The two projects have the same investment costs, but Project A has an IRR of 15%, while Project B has an IRR o..

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