subject
Business, 03.12.2021 19:40 puppy5209

Odessa Company has current assets of $10 million and net income of $20 million. Current liabilities total $5 million, interest expense is $4 million, and income tax expense is $6 million. What is the times interest earned ratio for this company

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:00
Samantha is interested in setting up her own accounting firm and wants to specialize in the area of accounting that has experienced the most significant growth in recent years. which area of accounting should she choose as her specialty? samantha should choose as her specialty.
Answers: 1
question
Business, 22.06.2019 11:40
On january 1, 2017, sophie's sunlounge owned 4 tanning beds valued at $20,000. during 2017, sophie's bought 3 new beds at a total cost of $14 comma 000, and at the end of the year the market value of all of sophie's beds was $24 comma 000. what was sophie's net investment
Answers: 3
question
Business, 22.06.2019 16:00
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
Answers: 1
question
Business, 22.06.2019 16:30
En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?
Answers: 3
You know the right answer?
Odessa Company has current assets of $10 million and net income of $20 million. Current liabilities...
Questions
question
Mathematics, 11.03.2020 02:07
question
Mathematics, 11.03.2020 02:07
Questions on the website: 13722367