What was the times interest earned ratio

Reference no: EM13294170

For the most recent year, Grohl, Inc., had sales of $441,000, cost of goods sold of $219,000, depreciation expense of $58,700, and additions to retained earnings of $50,900. The firm currently has 26,000 shares of common stock outstanding, and the previous year's dividends per share were $1.30

Assuming a 35 percent income tax rate, what was the times interest earned ratio? (Round your answer to 2 decimal places (e.g., 32.16).)

Reference no: EM13294170

Questions Cloud

Explain solution of oxalic acid (h2c2o4) : Use the values of Ka1 = 0.056 and Ka2 = 5.4 x 10-5 to calculate the [OH-] in a 0.898 M solution of oxalic acid (H2C2O4). Use E notation and 3 significant figures.

Find operating point of diode to atleast significant figure : Find the operating point ofeach diode to at least four significant figures using the iterativemethod and the value Vt = 25mV. This problem is more difficult thanthose presented in the text because the iteration must proceed over three elements

Discuss the difference between project risks and issues. : Discuss some best practices in dealing with project issues and conflicts. Discuss key risk management principles and why they are essential in order to ensure project success. Discuss the difference between project risks and issues.

What was the net loss in dollars : In dollars, sales were $698,266. What was the net loss in dollars? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)

What was the times interest earned ratio : Assuming a 35 percent income tax rate, what was the times interest earned ratio? (Round your answer to 2 decimal places (e.g., 32.16).)

The bigger picture metrics that ceos : The CEO heard about your lunchtime discussion with the supervisors and managers when metrics were discussed. He would like you to help him prepare a PowerPoint presentation that he could use at the next board of directors meeting to link the d..

Compute the of each of the ph solutions : Solve an equilibrium problem (using an ICE table) to calculate the of each of the pH following solutions.

What was the total asset turnover : What was the total asset turnover? (Round your answer to 2 decimal places (e.g., 32.16).)

Design a polarity protector for a citizens band radio : Design a polarity protector for a citizens band (CB) radio that connects to the electrical system for an automobile through a"cigarette lighter" plug. Your circuit should protect the radioshould its power supply leads be connected backwards.

User Account

All Pages