The W. C. Pruett Corp. has $650,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 12%. In addition, it has $800,000 of common stock on its balance sheet. It finances with only debt and common equity, so it has no preferred stock. Its annual sales are $3.64 million, its average tax rate is 35%, and its profit margin is 6%. What are its TIE ratio and its return on invested capital (ROIC)? Round your answers to two decimal places.
Answers: 2
Business, 21.06.2019 17:20
Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.
Answers: 2
Business, 22.06.2019 00:00
Ok, so, theoretical question: if i bought the mona lisa legally, would anyone be able to stop me from eating it? why or why not?
Answers: 1
Business, 22.06.2019 15:40
The cost of direct labor used in production is recorded as a? a. credit to work-in-process inventory account. b. credit to wages payable. c. credit to manufacturing overhead account. d. credit to wages expense.
Answers: 2
The W. C. Pruett Corp. has $650,000 of interest-bearing debt outstanding, and it pays an annual inte...
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Mathematics, 20.05.2021 19:30
Arts, 20.05.2021 19:30