This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A company is worried about meeting its interest expenses, so it should pay close attention to its ... (Read 28 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
on: Jul 6, 2018
A company is worried about meeting its interest expenses, so it should pay close attention to its times interest earned.
 
  Indicate whether the statement is true or false.

Question 2

Return on investment measures the ratio of total profits to total assets.
 
  Indicate whether the statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 6, 2018
Answer to Question 1

Answer: TRUE
Explanation: Times interest earned compares profit before interest and taxes to total interest charges, showing how readily a company can pay its interest expenses.
Diff: 1

Answer to Question 2

Answer: FALSE
Explanation: Return on investment measures the ratio of net profits to total assets.


gonzo233

  • Member
  • Posts: 557
Reply 2 on: Jul 6, 2018
Excellent

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Close-up view of Pluto's mountains, frozen plains and hazes Close-up view of Pluto's mountains, frozen plains and hazes
Age Differences in Attention to a Puppet Show Video Age Differences in Attention to a Puppet Show Video
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Nancy borrowed $8000 from her grandfather to buy a car when she started college. The interest ... Nancy borrowed $8000 from her grandfather to buy a car when she started college. The interest ...
Salt grains up close Salt grains up close
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library