In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The firm has a single issue of debt outstanding with a face value of $1 million, market value of $.92 million, and a coupon rate of 8%. What is the firm's times interest earned ratio
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The firm has a ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
1. Charlie Corporation transfers $700,000 stock and land with a value of $200,000 (basis of $95,000) to Sebago for most of its assets. The only asset not acquired in the Type A reorganization, a crane, is distributed to Sebagos shareholder, Betty.
Answers (1)
This is the song that never ends yes it goes on and on my friend some people started singing it not knowing what it was and they'll just keep on singing it forever just because
Answers (1)
The financial statements for Barrington Service Company include the following items: 2019 2018 Cash $43,500 $47,000 Shortminusterm Investments 31,000 16,000 Net Accounts Receivable 62,000 56,000 Merchandise Inventory 165,000 51,000 Total Assets
Answers (1)
Nguyen Inc. applies overhead to products based on direct labor hours using normal costing. During 2016, total overhead costs were estimated to be $500,000. Actual overhead totaled $540,000 based on 32,000 actual direct labor hours.
Answers (1)
A simple, safe and easy way to reduce the cost of running your vehicle is:
Answers (1)
New Questions in Business
Consumer surplus is a. the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it. b. the amount a buyer is willing to pay for a good minus the cost of producing the good. c.
Answers (1)
You've borrowed $20,000 on margin to buy shares in ixnay, which is now selling at $40 per share. your account starts at the initial margin requirement of 50%. the maintenance margin is 35%. two days later, the stock price falls to $35 per share. a.
Answers (1)
The length of a rectangle is twice the width the perimeter is 36 ft find length and width
Answers (1)
An owner withdrawal of $20,000 would: A. decrease owner’s equity and increase assets by $20,000. B. increase owner’s equity and decrease liabilities by $20,000. C. increase liabilities and assets by $20,000.
Answers (1)
Leah, the CEO of SteadyResults Corp., feels that she is underpaid, so she hires a compensation consultant to survey actual competitors of the company. According to agency theory, if SteadyResults performs poorly, her salary will most likely:
Answers (1)