"
Ajax Corp's sales last year were $520,000, its operating costs
were $345,000, and its interest charges were $15,000. The firm's
times-interest-earned (TIE) ratio is 10.88.
Group of answer choices
True
"false

Answers

Answer 1

The correct answer is false.

To determine whether the statement is true or false, we need to calculate the times-interest-earned (TIE) ratio based on the given information.

The TIE ratio is calculated by dividing earnings before interest and taxes (EBIT) by interest charges:

TIE = EBIT / Interest Charges

Given:

Sales = $520,000

Operating costs = $345,000

Interest charges = $15,000

TIE ratio = 10.88

To calculate EBIT, we subtract operating costs from sales:

EBIT = Sales - Operating costs

EBIT = $520,000 - $345,000

EBIT = $175,000

Now we can calculate the TIE ratio:

TIE = EBIT / Interest Charges

TIE = $175,000 / $15,000

TIE ≈ 11.67

Comparing the calculated TIE ratio (11.67) with the given TIE ratio (10.88), we can see that the statement is false. The calculated TIE ratio does not match the given TIE ratio.

Therefore, the correct answer is false.

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Related Questions

One common element of all mass media (whether it is a news article, TV commercial, book or anything intended for a large audience) is that the message is:

A. Emotional
B. Objective
C. Constructed

Answers

Answer:

C

Explanation:

most of mass media tries to advertise the people that are watching or looking at it a product of some sort

The strategy that founder Seth Goldman used to get Honest Tea on the shelves alongside larger, established brands was:

Answers

The strategy that founder Seth Goldman used to get Honest Tea on the shelves alongside larger, established brands  was Identifying and attacking a niche.

What is a niche?

Niche serves as  specialized segment of the market which can be attributed to a  particular kind of product as well as  service.

In this case,  founder Seth Goldman used to get Honest Tea on the shelves alongside larger, established brands for a niche.

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a motivational speach before final exams​

Answers

Explanation:

Honestly, you got this! Don't stress yourself too much! You are capable of AMAZING things! I am positive you will do great on this exam! Never stop working hard, but don't forget to reward yourself! You can do anything you set your mind to!

I don't know if this helped but GOOD LUCK!!

Industry leaders in France and Italy are highly regarded for their ______. A) social prominence. B) appreciation of science. C) rigidity. D) xenocentrism.

Answers

These content-loaded industry leaders contribute significantly to advancements in various sectors, including technology, fashion, and manufacturing. The answer is option B) appreciation of science.

France and Italy have long histories of scientific advancements and contributions in various fields. Both countries have renowned universities, research institutions, and a tradition of scientific excellence. Industry leaders in these countries are often recognized for their appreciation and support of scientific research, innovation, and technological development.

While social prominence, rigidity, and xenocentrism may exist in certain contexts or individuals, they are not universally regarded as defining characteristics of industry leaders in France and Italy. Therefore, option B) appreciation of science is the most appropriate choice based on the information provided.

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________________________ equalizes the prices of internationally traded goods across countries.

Answers

Answer:purchasing power parity

Explanation:

Why do managers today value diversity and/or multiculturalism? Check all that apply.
( ) Workforce diversity is inevitable, so it’s best to accept it.
( ) The trend is away from diversity and multiculturalism, so an organization can stand out by embracing people’s differences.
( ) Globalization offers opportunities to multicultural organizations.
( ) A diverse workforce is a competitive advantage.
By contracting with ______________________________ an organization becomes more multicultural.
a. a supplier in another country
b. Black-owned American businesses
c. woman-owned businesses

Answers

A diverse workforce is a competitive advantage. A diverse workforce can also better understand and cater to the needs of a diverse customer base, leading to improved customer satisfaction and market reach.

Managers today value diversity and multiculturalism for several reasons. One of the main reasons is that a diverse workforce provides a competitive advantage. When an organization embraces diversity and multiculturalism, it can benefit from a wide range of perspectives, ideas, and experiences. This diversity of thought can lead to increased innovation, problem-solving capabilities, and creativity within the organization.

In today's globalized world, organizations recognize the value of diversity and multiculturalism as a strategic advantage. By embracing diversity, organizations can tap into the unique strengths and perspectives of individuals from different backgrounds, enhancing their ability to thrive in a multicultural marketplace.

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Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?

Answers

When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies

What are the different types of pricing strategies?

There are 4 types of pricing strategies as follows :

Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.

In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.

Thus,

Pricing strategies information should be considered before introducing any changes in the price of the product.

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What did new york state do in response to the public outrage expressed here over the triangle fire tragedy?

Answers

Appointed a factory commission that developed labor reform.

A factory commission  may be a  major ad-hoc formal public inquiry into a defined issue in some monarchies.  they need  been held in the United Kingdom, Australia, Canada, New Zealand, Norway, Malaysia, Mauritiusand  Saudi Arabia . A factory commission  is analogous  in function to a commission of inquiry (or, less commonly, enquiry) found in other countries  like  Ireland,  South Africa , and  Hong Kong .  it's  considerable powers, generally greater even than those of a judge but restricted to the terms of reference of the commission. These powers include subpoenaing witnesses, taking evidence under oath and requesting documents.

The commission  is made  by the head of state (the sovereign, or their representative  within the  form of a governor-general or governor) on the advice of the government and formally appointed by letters patent. In practice—unlike lesser  sorts of  inquiry—once a commission has started the government cannot stop it. Consequently, governments are usually very careful about framing the terms of reference  and usually  include in them a date by which the commission must finish.

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A pickpocket routinely carries a knife in his pocket just in case he needs it. On one occasion, he is successfully able to remove a man's wallet without being noticed. He is later caught and tried. Which of the following is the best answer for why this occurred?

A. The act is not considered robbery because the thief did not have a firearm.
OB. The act is considered robbery because the thief knew the use of
force was a possibility for him in his plans.
OC. The act is not considered robbery because no violent force was used or threatened in the theft.
OD. The act is considered robbery because the thief was armed and
able to use violent force.

Answers

Answer:

OC

Explanation:

Theft means taking someone's property but does not involve the use of force. This would describe this scenario

Robbery would mean the pickpocker inflicted, threatened or attempted to inflict harm on the man

Question 3
Having a bad credit history impacts every one of these items but one. Which is
the one item not impacted by bad credit history?
A. Your ability to get a car loan or any other type of loan.
B. The fact that I am a good person.
C. An employer's decision to offer you a job.
OD. The interest rate offered to you.

Answers

Answer:

B. The fact that I am a good person.

Explanation:

Credit history refers to a person's track record in borrowing and repayments of loans. It shows whether the individual has honored their debts in full and on time. Credit history is useful when applying for a loan from formal institutional lenders.

A bad credit history shows a person had issues in paying their loans. It affects their future borrowing as lenders may assess them as high-risk customers. Bad credit history attracts high-interest rates. Employers may judge some persons as poor money managers hence avoid hiring them.

Bad credit history is about debt payment but not who the person really is. Inability to repay loans may be caused by several factors such as illness or loss of income. A person's character remains the same regardless of their credit history.

Using the same quiz format, steps required to answer questions, and submission deadlines for both pars and kcs are examples of which of the eight golden rules for hci design?.

Answers

Examples of the eight golden standards for hci design's Strive for consistency include using the same quiz structure, procedures needed to answer questions, and submission dates for both pars and kcs.

In interface design, every component, theme, animation, and action should stay consistent throughout the experience. The user will probably be perplexed, for instance, if the interface alters the button's color and Strive for consistency font while the user is using it. The concept of consistency extends beyond a single application. For instance, websites frequently share basic elements like the corporate logo in the upper left corner and the top menu. These patterns have emerged through time, been described by usability professionals, and incorporated by designers into common practice.

Between pages of one application or between still-related applications, Strive for consistency is required. The key is that authorized users, including the majority of inexperienced users, can still view sites that are seen as still being in dialogue or as still having a connection to the program in use. Users won't be afraid to switch applications as a result of feeling at ease with the application.

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The question was incomplete. Check below the full question.

Using the same quiz format, steps required to answer questions, and submission deadlines are examples of which of the Eight Golden Rules for HCI Design?

a. Supporting internal locus of control

b. Offering informative feedback

c. Strive for consistency

d. Reducing short-term memory load

if frank makes justin a night-shift supervisor, he would be engaging in which function of management?

Answers

If Frank makes Justin a night shift supervisor he would be engaging in the function of management that is called the Organizing function.

The organizing function is that stage that follows the planning stage. At this stage the resources would be distributed then the different tasks would be allocated to the personnel or employees that are responsible for them.

Delegation of these tasks to these personnel would be very useful because it helps to achieve those tasks that they set out in the planning stage.

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The ratio of the price of two goods on a graphed budget line is measured by its:.

Answers

There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.

What is a budget line

This is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.

The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.

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Kevin wants to buy a house that costs $350,000. Kevin will need to go to a bank and obtain a mortgage in order to purchase the house. The bank requires a 25% down payment. a) How much money will Kevin need for a down payment? b) If he wants to borrow the remaining amount, how much of a loan would he have to obtain?

Answers

_________________________________

a) = 25% × $350,000 ÷ 100 = $87,500b) = $350,000 - $87,500 = $262,500

_________________________________

Which one would be correct I’m to lazy to think :)

Which one would be correct Im to lazy to think :)

Answers

I think it’s the second one letter B

Write a short paragraph describing the benefits of working as a team to complete a project.

Answers

Answer:

A group of people who have to achieve common goal is known as team. If we work in team it increases our creativity and learning, it also builds trust. It boost the particular person when we work in team. We can also learn faster. There are more chances of getting success in particular area if we work in team. As there is saying, " together we can achieve more what each of us can achieve." It also enhances productivity and capability.

1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D.the sum of all entries

2.the total on the debit of an account is greater than the credit side.what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance

3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account ​

Answers

Answer:

1.A

2.C

3.D

Explanation:

hope its help

1) The Johnson Manufacturing Co. has an annual operating budget of $750,000. Each year it budgets for the following expenses: pollution control equipment, $37,000; contributions to community projects, $22,500; employee fitness/sports programs, $7,500.

a) What percentage of the annual budget if allocated to each socially responsible action (pollution control, community projects, fitness/sports)? What is the total spent?

Answers

Answer:

See below

Explanation:

The percentage allocated to each socially responsible action

1. pollution control

Pollution control has been allocated is $37,000

As a percentage

= $37,000/$750,000 x 100

=0.0493333 x 100

=4.933%

2. Community project

community project has been allocated $22,500

As a percentage

= 22,500/750,000 x 100

=0.03 x 100

=3%

3. Employee fitness

The amount allocated to employee fitness is $7500

As a percentage

=$7500/$750,000 x 100

=0/01 x 100

=1%

4. The total amount spent is

=, $37,000 +$22,500 +$7,500.

=$67,000

suggesting a company align itself with a certain concert series

Answers

Recommending that a business affiliate itself with a particular concert series known as "sponsorship".

Explain the term sponsorship?

The role or responsibility of an individual or entity that endorses, promotes, counsels, or contributes to the funding of an individual, an organization, or a project:

Your sponsorship contribution will be used to cover the child's tuition and ensure that they eat three meals every day. The terms and conditions of a business's relationship with any brand, occasion, or person promoting the company are outlined in a sponsorship agreement, which is a type of business contract. A marketing or brand ambassador arrangement between a business and a celebrity and social media influencer can also be included in a sponsorship contract.

Thus, recommending that a business affiliate itself with a particular concert series known as "sponsorship".

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The complete question is-

suggesting a company align itself with a certain concert series is called _________.

Which management function is also a financial responsibility? A. planning B. organizing C. staffing D. coordinating E. controlling

Answers

Answer:

b staffing is the answer

Answer:

....... C. Staffing

Explanation:

Click the picture to see the whole answer...the answer is Staffing

Which management function is also a financial responsibility? A. planning B. organizing C. staffing D.

please help!!

doctors are likely to show traits of what two occupaitonal codes?

Answers

Answer:

Investigative and Realistic.

Explanation:

Every year, the boss at a local company hosts an event at which individual employees are publicly recognized for outstanding work. This way of motivating workers is known as which of the following? A a nonmonetary incentive B an annual bonus C a marginal benefit D an opportunity cost

Answers

Answer:

A. a nonmonetary incentive

Explanation:

Non-monetary incentives are ways other than monetary or cash gifts of compensating employees for performing excellently within the organization. Giving of public awards, a sit-out with a boss, or letters of commendation are examples of non-monetary incentives that can be given to employees.

Employees tend to remember these rewards for a longer time because it boosts their confidence and mental disposition. It is important to provide these incentives as it motivates employees to work harder at their jobs.

does fat and soap have the same density?and why?

Answers

Answer:

Soap is soluble in water, but fat is not. Fat has a melting point above 47C and soap has a melting point above 100C. Fat has a density of 0.92 g/cm3 and soap has a density of 0.84 g/cm3. These are all properties that make fat and soap different substances.

Explanation:

mktg The occupations as well as the salaries, sources of income, educational attainment, and accumulated wealth of consumers are all examples of _____ The occupations as well as the salaries, sources of income, educational attainment, and accumulated wealth of consumers are all examples of _____ Social class standards. Social class metrics. Social class measurement factors. Social class principles.

Answers

The occupations as well as the salaries, sources of income, educational attainment, and accumulated wealth of consumers are all examples of social class measurement factors.

A social class is a group in a class society that has similar socio-economic conditions.

In social science research, a distinction is sometimes made between objective and subjective class. Objective class refers to the classification of people that is made on the basis of measures such as level of education, income and background. Subjective class, on the other hand, is defined on the basis of a person's perceived class affiliation; this can, unlike the objective class, be completely arbitrary.

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select all that apply which of the following is/are true about the impact of variability on managing processes? multiple select question. customers understand that process variability occurs and accept that delays are inevitable. variability in processes can make planning and managing the process more challenging. process variability can lead to product delays and shortages, which can lead to a damaged company reputation.

Answers

Option B is correct. Variability in processes can make planning and managing the process more challenging. Process variability can lead to product delays and shortages, which can lead to a damaged company reputation.

What is process variability?

Process variability highlights the underlying variations and oscillations in a process's outcome. A number of things, including variances in building ingredients, logistics planning, human mistake, or ecological factors, might contribute to it. Process variability can cause problems including delays, faults, and higher costs while also affecting a process's effectiveness, efficiency, and quality. To maintain quality and consistency of output, businesses must track and manage process variability. To recognize and minimize process variability, strategies like Statistical Process Control (SPC) and Six Sigma can be applied.

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Current healthcare funding is falling dramatically, but at the same time the NHS faces unprecedented challenges. It will require the government to deal with the backlog of both physical and mental healthcare, and create a system of healthcare to tackle health inequalities. a) Discuss why governments intervention is needed in the market for healthcare. [20 Marks] b) Discuss the arguments for and against patients' contributions to treatment costs as a potential solution to the NHS funding crisis. (Hint: compare the UK system with a hypothetical system using a diagram.)

Answers

a) Healthcare is one of the most important public services that the government is required to provide. Even though healthcare is typically financed by the government, there are several reasons why governments intervention is necessary in the healthcare market. It ensures that medical services are accessible to the entire population regardless of their ability to pay.

Furthermore, healthcare is a merit good since it brings about many benefits to the society than those consumed by the individual who receives the service. It means that government intervention is essential in healthcare to ensure that everyone receives the benefits. The healthcare system is market failure because of information asymmetry, public goods, and externalities, which means that healthcare does not always meet the market needs.

Government intervention through regulation ensures that patients are not exploited, especially when medical professionals and insurance companies have more information about healthcare than patients.

b) Health inequalities occur when people of lower socio-economic status are unable to access the same healthcare services and therefore receive a lower standard of care. Patient contribution to healthcare services such as a co-payment system would improve the overall funding of the NHS.

Although, it is crucial to analyze the strengths and weaknesses of the system. Co-payments would reduce the amount of healthcare demand. If co-payments were introduced, people would consider whether or not to take out medical insurance, which would lead to reduced pressure on public health care. However, co-payments would discriminate against lower-income individuals who cannot afford it and reduce their quality of healthcare. A theoretical system in which people can pay for healthcare in different ways is the market-based system.

This system is mainly dependent on an individual's ability to pay. It means that people with a higher income will receive better healthcare and vice versa. Health care is more costly because of the insurance company’s involvement and the profit motive, which is contrary to the public healthcare system. Furthermore, it is disadvantageous for people with pre-existing health conditions, who would have to pay more in the hypothetical system.

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camden gets paid every 2 weeks. federal withholding is 15.5% of his gross pay, social security is 5.5% of his gross pay, and medicare is 1.65% of his gross pay. find camden's net pay after 2 weeks.

Answers

To find his net pay, we need to subtract his deductions from his gross pay: $1,000 - $226.50 = $773.50 . Therefore, Camden's net pay after 2 weeks would be $773.50.

To find Camden's net pay after 2 weeks, we need to calculate his deductions based on his gross pay.

Let's say Camden's gross pay is $1,000 every two weeks.

First, we'll calculate the federal withholding:

$1,000 x 0.155 = $155

Next, we'll calculate social security:

$1,000 x 0.055 = $55

And then, we'll calculate Medicare:

$1,000 x 0.0165 = $16.50

So in total, Camden's deductions are:

$155 (federal withholding) + $55 (social security) + $16.50 (Medicare) = $226.50

To find his net pay, we need to subtract his deductions from his gross pay:

$1,000 - $226.50 = $773.50

Therefore, Camden's net pay after 2 weeks would be $773.50.

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how will government resolve piracy​

Answers

Answer: Government will solve piracy by taking action to shut down or block internet access to pirate sites.

Which savings account will earn you the most money?

1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.

Answers

Answer:

one that earns simple interest daily

The savings account that earn you the most money is: 3.One that earns simple interest daily.


What is savings account?

Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.

A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.

Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.

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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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WHO KNOWS HOW TO DO THISSS NEED HELP RN PLSLi PO4 + AlF Find an ordered pair that represents the vector from (-3.7,2) to (-4, -5).a.(-7.7,-3)c.(1.3,7)b.(-0.3,-7)d.(7.7,3) SOLVE AND NO LINKS x 3 = 5 A great multitude gathered for a solemn procession through the streets of the town. . . . at the head of the procession professor kinkel bore the tricolor black, red and gold which so long had been prohibited as the revolutionary flag. . . . he spoke with wonderful eloquence, his voice ringing out in its most powerful tones as he depicted a resurrection of german unity and greatness and of the liberties and rights of the german people, which now must be conceded by the princes or won by force by the people. after reading this passage, what conclusion can be drawn about how the revolution of 1848 affected germany? some germans were willing to use force to gain their own rights and freedoms. the people of germany grew less patriotic as the revolutions spread. few students in germany cared about the revolutions of 1848. german people grew less likely to support unification. Fatoumata is blocking off several rooms in a hotel for guests coming to her wedding. The hotel can reserve small rooms that can hold 2 people, and large rooms that can hold 5 people. Fatoumata reserved twice as many small rooms as large rooms, which altogether can accommodate 63 guests. Write a system of equations that could be used to determine the number of small rooms reserved and the number of large rooms reserved. Define the variables that you use to write the system. Zietlow Corporation has 2.1 milion shares of common stock outstanding with a book valon per share of 44 with a recet divided of 43 The stock outstanding with a par vakae of 100 and the Sms debt inchado 2250 65 percent quarterly bonds outanding with 25 years stock and bonds are 106% of its par value and comomon stock bades for 255 with a constant growth rate of 0% The best the stock 113 Weighted Avergoe Cost of Capital of the em assuming tax rate of 30% (Must how the steps of calotion is this exponential growth or decay y=6e^-x 4 A piece of wire is 30 cm long.It is cut into two unequal pieces.One piece is bent into a circle.The other is bent into a square enclosing the circle, asshown in the diagram.Find the length of each piece of wire in cm to 3 s.f. the nurse plans care for an older client who does not possess formal operational thinking. what care will this client need? select all that apply. According to the exercise progression continuum, what is the correct order when progressing upper-body exercises? Which broadway musical featured material written by sam shepard and john lennon? hairspray. Which process uses historical data and sales forecasts to plan which materials will be procured and produced? Cyclosporine is prescribed for the client following allogenic kidney transplantation. The nurse should provide which instruction to the client regarding the medication Think of some common phrases you hear . Can you list three similes of your own? I gave you Brainlist no googling if 34.4 grams of pentane (c5h12) are burned in excess oxygen, how many grams of h2o will be produced? How many variable terms are in the expression 3x3y +5x2-4y+z+9?numeric value only according to eriksons theory of development, teenagers are most likely to be focused on achieving what ego strength and avoiding what ego weakness? To secure a strong strategic position in fast-growing emerging markets, which of the following corporate strategies did Kraft Foods primarily pursue by acquiring Cadbury?horizontal integration Which of these neutralization reactions has a pH > 7 when equal molar amounts of acid and base are mixed.a. CH3CO2H(aq) + NaOH(aq) --> H2O(l) + NaCH3CO2(aq)b. HNO2(aq) + NH3(aq) --> NH4NO2(aq)c. HCl(aq) + NaOH(aq) --> H2O(l) + NaCl(aq)d. None of these What is the value of 2 over 55ovet42over3