Business, 15.02.2021 20:10 bbbbriasutton
The Morrit Corporation has $960,000 of debt outstanding, and it pays an interest rate of 8% annually. Morritt's annual sales are $6 million, its average tax rate is 25%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morritt's TIE ratio
Answers: 3
Business, 22.06.2019 00:20
Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports
Answers: 2
Business, 22.06.2019 08:30
Blank is the internal operation that arranges information resources to support business performance and outcomes
Answers: 2
Business, 22.06.2019 16:30
On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.
Answers: 1
Business, 22.06.2019 17:00
You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.
Answers: 2
The Morrit Corporation has $960,000 of debt outstanding, and it pays an interest rate of 8% annually...
English, 10.11.2020 23:10
Mathematics, 10.11.2020 23:10
History, 10.11.2020 23:10
Mathematics, 10.11.2020 23:10
Mathematics, 10.11.2020 23:10
Mathematics, 10.11.2020 23:10
Biology, 10.11.2020 23:10
Chemistry, 10.11.2020 23:10
Mathematics, 10.11.2020 23:10