A firm has net income before interest and taxes of $192,000 and interest expense of $28,800. a. What is the times-interest-earned ratio? (Round your answer to 2 decimal places.) Times-interest eamed times b. If the firm's lease payments are $43,600, what is the fixed charge coverage? (Round your answer to 2 decimal places.) Fixed charge coverage times

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A: Annual payment = $200Annual interest rate = 6.5%Future value period = 10 Years

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A: We need to use simple interest formula to solve this question Simple interest =Principal×Rate×Time

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A: A=P+193.03 r- 0.021 t=2 years Since A=Pert Therefore, P+193.03= Pe 0.21*2 P+193.03/P= e0.042…

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A: Interest rate per quarter = 3.5%   a. What is the nominal interest rate?       Nominal interest rate…

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A: Given:APR = 7.2%Regular Monthly Payment = $247Number of payments after Payoff (n) =8

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A: Interest earned refers to the profit over the investment earned by the investors at a specified rate…

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A: When the amount is deposited in the beginning of the period (month/year), it is called as the…

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A: Answer:- Capital budgeting is basically the process of evaluation of various alternatives available…

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A: Effective annual rate refers to the interest rate that is being charged by the lender to the…

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A: A loan is a type of debt that a person or another entity assumes. The lender, which is often a…

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A: Given: Monthly rate = 1.62%

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A: Present value (PV) is the current value of a future sum of money or stream of cash flows given a…

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A: In terms of general meaning, it is the amount paid by the user or tenant to the owner for the use of…

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A: When the borrower borrows a loan from the lender, he has to a rate of interest on the borrowed…

Q: Consider the following balance sheet for WatchoverU Savings Incorporated ($ in millions): Assets…

A: Interest on income refers to the return to be earned by the investors over the amount of investment…

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A: Regulators impose reserve requirements on demand deposits of banks and FIs. The reserve requirements…

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A: Effective interest rate=1+rnn-1

Q: How much money has to be invested today in a security that promises to pay..... Omani Riyals at the…

A: PV=FV/(1+i)n Let's assume that - FV= $1000 i= 6%= 0.06 n=5   PV=1000/(1+0.06)5 PV= $747.25

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A: Minimum wages rate is s rate which is required to pay at least.  Adjusted wages rate is calculated…

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A: Equated Monthly Installments are one part of the equally divided monthly outgoes to clear off an…

Q: Calculate the loan principal.

A: We can determine the loan amount using the formula below:

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A: Watchover Savings Inc.: Net Interest Income AnalysisLet's analyze Watchover Savings Inc.'s net…

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A: Interest = loan amount * interest rate = $10,000*0.13 = $1,300Next, we calculate the points paid on…

Q: A property has an NOI of $288,750 and a value of $4,812,500, the bank will issue a loan based on a…

A: Maximum loan =MIN(4,812,500*75%,PV(5%/12,240,-288,750/1.35*1/12))

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A: Companies gives discount to the customers for early payments to customers but that is cost to…

Q: QUESTION 6 Suppose you purchase a home and obtain a 15-ycar fixed-rate loan of $195,000 at an annual…

A: According to the rule, we will only answer the first three subparts, for the remaining subparts,…

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A: Ans a)Given Payment terms 3/25, net 50Periodic Rate=Discount%/(1-Discount%)Periodic rate…

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A: Debt service Ratio = Total Annual Expenses/Total gross Income Monthly Installment =$722.32

Q: A firm paid interest of $50 this year. Last year, they had $400 in debt. This year, they had $700 in…

A: Interest paid = $50Last Year Debt = $400Current Year debt = $700

Q: An investor placed $2,000 per year at the end of each year into an investment account. Immediately…

A:

Q: Big Warehouses borrowed $102,700 from a bank and signed a note requiring 13 annual payments of…

A: Calculation of interest rate implicit in this agreement.