Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72 b. 5.51 c. 5.80 d. 4.97 e. 5.23

c) 5.80

Explanation:

The net income for the year before interest is as follows:

Sales                                                $ 435,000

Operating Costs                              $ 362,500

Net Income before interest            $   72,500

Interest Charges                              $   12,500

Times interest earned ratio is the net income divided by the interest amount. It indicates how much does the profitability cover the firm's interest expenses.

Calculating Times interest earned is 72,500/12.500  =  5.8 times.

a) both were commissioned explorers

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported