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Author Question: A company is technically insolvent when A) earnings before interest payments are less than the ... (Read 53 times)

abc

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on: Jul 10, 2018
A company is technically insolvent when
 
  A) earnings before interest payments are less than the interest payments.
  B) it lacks the necessary liquidity to promptly pay its current debt obligations.
  C) current ratio is less than 1.0.
  D) cash outflows in a given period are greater than cash inflows.

Question 2

You are 30 years old and you want to retire at age 60 with 1.5 million. You are going to make equal annual deposits into your savings account at the end of each year in order to save up this money. Your savings account pays 8 interest.
 
  What amount must you deposit each year?
  A) 13,241.15
  B) 12,160.93
  C) 14,227.80
  D) 13,274.34
  E) 14,506.85


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EAN94

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

A


abc

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Reply #2 on: Jul 10, 2018
Thank you :)


EAN94

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Reply #3 on: Jul 10, 2018
Happy to help you


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