Author Question: The true owners of the corporation are the: A) holders of debt issues of the firm. B) board of ... (Read 153 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
The true owners of the corporation are the:
 
  A) holders of debt issues of the firm.
  B) board of directors of the firm.
  C) creditors.
  D) common stockholders.

Question 2

Standard Inc. has an annual interest expense of 40,000. If Standard's times-interest-earned ratio is
  3.0, what is Standard's Earnings Before Taxes (EBT)?
 
  A) 47,000 B) 80,000 C) 160,000 D) 120,000


yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library