A company paid $11,310 in interest and $16,500 in dividends last year. The times interest earned ratio is 2.9, the depreciation expense is $7,900, and the tax rate is 21 percent. What is the value of the cash coverage ratio?

Q: Groff Incorporated, has sales of $51,500, costs of $23,600, depreciation expense of $2,400, and…

A: The focus of operating cash flows is on financial inflows and outflows associated with a company's…

Q: Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of…

A: The cash flow that is generated by a company from its primary business operation is term as the…

Q: . Great Products, Inc. reported the following on the company’s income statement in two recent years:…

A: Time Interest Earned Ratio: When a company's current revenue exceeds its debt commitments, the time…

Q: Benson inc has sales of 39530, costs of 12750 depreciation expense of 2550 and interest expense of…

A: Operating cash flow refers to the cash flow generated from the core operations of the business. It…

Q: Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of…

A: The formula to compute operating cash flow as follows:

Q: Whipporwill, Incorporated's, net income for the most recent year was $16,802. The tax rate was 21…

A: Solution:Cash coverage ratio means the ability of the firm to pay interest expense from its income…

Q: Bronze, Inc has sales of $58,200, costs of $25,300, depreciation expense of $3,100, and interest…

A: Operating Cash Flows  = Earning before interest & tax + Depreciation - Taxes

Q: X-1 Corp's total assets at the end of last year were $450,000 and its EBIT was $55,000. What was its…

A: Introduction: The Basic Earning Power Ratio (BEP) measures how well a firm generates earnings in…

Q: Your pro forma income statement shows sales of $982,000, cost of goods sold as $482,000,…

A: Earnings before interest and taxes: Earnings before interest, depreciation and taxes are the…

Q: Computer World reports income tax expense of $340,000. Income taxes payable at the beginning and end…

A: Statement of cash flows: Cash flow statement is also known as statement of cash flows. It is a…

Q: A firm has sales of $4,740, costs of $2.540, Interest paid of $169, and depreciation of $473. The…

A: Cash coverage ratio can be calculated by using formula below.

Q: In recent year Palestine Corporation had a net income of $12,500, interest expense of $2,500, and a…

A: Given: Net income = $12,500 Interest expense = $2,500 Times interest earned = 9

Q: Outdoor Sports paid S12,500 in dividends and S9,310 in interest over the past year. Sales totaled…

A: We should first compute the tax payable in cash which will be arrived at by computing the net…

Q: Bryon Inc recently reported $6million of net income. Its EBIT was $13.2 million, and its tax rate…

A: The mathematical equation of the concept used is:

Q: Disturbed, Inc., had the following operating results for the past year: sales = $22,616;…

A: Operating cash flow refers to the cash flow generated by the company from it's Operation.Operating…

Q: Rappaport Corp.'s sales last year were $375,000, and its net income after taxes was $23,000. What…

A: Profit margin on sales is ratio of net profit on sales that is as follows: As per formula Profit…

Q: Apple Inc. has sales of $52,000, costs of $23,800, depreciation expense of $2,450, and interest…

A: In this question, we are required to determine the operating cash flow.Information given in the…

Q: IF a corporation earns $240,000 and the payout ratio ( proportion distributed) is 20 percent, what…

A: Given: Total earnings = $240000 Payout ratio =20% = 0.20

Q: Parsnip, Inc.'s, net income for the most recent year was $9,512. The tax rate was 3030 percent. The…

A: Given the following information: Net income: $9,512 Tax rate: 30% Total interest expense paid:…

Q: For the past year, shame ltd., had sales of $45,002, interest expense of $4,306, cost of goods sold…

A: One of a business's performance accounts, an income statement, commonly referred to as a profit and…

Q: Based on the financial statements calculate the (1) efficiency ratios, (2) liquidity ratios, (3)…

A: A financial ratio, also known as an accounting ratio, is the comparison of two numerical numbers…

Q: the most recent year, Wilson Enterprises had sales of $689,000, cost of goods sold of $492,300,…

A: Sales = $689,000Cost of goods sold = $492,300 Depreciation expenses = $61,200Addition to retained…

Q: FVA Inc.'s net income for the most recent year was $41,445. The tax rate was 25 percent. The firm…

A: Net income -$41,445Tax rate = 25%Interest Expense = $10,440Depreciation Expense =…

Q: yron Brock’s inc recently reported $13 million of net income. It’s EBIT was $20375000, and it’s tax…

A: Income statement shows the revenues and expenses of a company for a given period. The statement…

Q: For the past year, a firm had sales of $41,987, interest expense of $3,232, cost of goods sold of…

A: Lets understand the basics.Net income is a income earned by deducting all expenses from the sales…

Q: Whipporwill, Incorporated’s, net income for the most recent year was $24,020. The tax rate was 24…

A: Introduction:- Cash coverage ratio is useful for identifying the amount of cash available to pay for…

Q: Hammett, Inc., has sales of $74,058, costs of $24,908, depreciation expense of $6,308, and interest…

A: Here, Particulars Values Sales  $ 74,058.00 Costs  $24,908.00 Depreciation expense…

Q: The lawrence company has a ratio of long term debt to long term debt plus equity of .25 and a…

A: Accounting Equation The entire resources of a corporation are equivalent to the total of its…

Q: Thomson Trucking has $24 billion in assets, and its tax rate is 25%. Its basic earning power (BEP)…

A: TIE ratio is the ratio of Earning before Interest and Tax divided by the Interest Expense. TIE Ratio…

Q: For the past year, Kayla, Inc., has sales of $45,407, interest expense of $3,464, cost of goods sold…

A: operating cash flow refers to the cash flow generated from the business operation.operating cash…

Q: A firm has sales of $4,790, costs of $2,590, interest paid of $174, and depreciation of $483. The…

A: Calculating the Earnings before Interest and taxes ( EBIT )Earnings before Interest and taxes…

Q: Branch Corp.'s total assets at the end of last year were $310,000 and its net income after taxes was…

A: The ratio analysis is performed to compare the different elements of the business. The return on…

Q: solution star industries has published its annual account. it indicates that during the year the…

A: Operating cash flows refers to the flows of the cash (inflows and outflows both) in the business…

Q: Calculate economic profit based on the following information: WACC = 7.60%; Total Assets = $1,366;…

A: Stet 1

Q: Smashed Pumpkins Company paid $176 in dividends and $603 in interest over the past year. The company…

A: Income before interest and tax is the difference between operating revenue and operating expenses.…

Q: For the past year, Momsen, Ltd., had sales of $44,042, interest expense of $2,918, cost of goods…

A: Sales of $44,042 Interest Expense is $2,918 Selling and admin. Expense is $10,626 Depriciation isn…

Q: Foraker Inc. has sales of $46,200, costs of $23,100, depreciation expense of $2200, and interest…

A: Sales = $46,200 Costs = $23,100 Depreciation = $2,200 Interest expense = $1700 Tax rate = 22%

Q: Titan SpA’s net income for the most recent year was €4,850. The tax rate was 33 per cent. The firm…

A: The cash coverage ratio is one of the financial ratios that is used to evaluate a company's cash…

Q: Orono Corp.'s sales last year were $575,000, its operating costs were $362,500, and its interest…

A: As per formula Times interest earned (TIE) ratio = (Sales-Operating cost)/Interest expenses   Where…

Q: Graff, Incorporated, has sales of $41,680, costs of $13,560, depreciation expense of $2,910, and…

A: Operating cash flow includes all cash generated by a company's main business activities.

Q: For the past year, Kayla, Incorporated, has sales of $47,747, interest expense of $4,400, cost of…

A: Sales- $47747COGS- $17884Interest expense-$4400Selling & Adm expense-$12431 Depriciation-$7430…

Q: Thomson Trucking has $15 billion in assets, and its tax rate is 25%. Its basic earning power (BEP)…

A: Total assets= $15 billion ROA= 6.25%BEP Ratio= 18%TIE Ratio=?

Q: flow

A: Introduction: Operating cash flow refers to the cash flow that is being generated by the business on…

Q: utterfly Tractors had $15.50 million in sales last year. Cost of goods sold was $8.30 million,…

A: Net income is amount of cash money available after making payment to the cost of goods sold and…

Q: Find the operating cash flow for the year for Monisan and Sons if it had sales revenue of…

A: Operating cash flow measures the amount of funds generated by a company's regular business…

Q: Sprout Company reported the following on the company's income statement in two recent years:…

A: Time interest earned = (Income before interest and taxes/interest expense)

Q: Foraker Inc. has sales of $52,900, costs of $35,443, depreciation expense of $3,480, and interest…

A: The operating cash flow is calculated as net income after adjusting for non cash expenses.

Q: Sheryl’s Shipping had sales last year of $18,000. The cost of goods sold was $8,100, general and…

A: The EBIT refers to the measure of the profitability of the company. It accounts for all the expenses…