For the most recent year, Camargo, Inc., had sales of $534,000, cost of goods sold of $241,680, depreciation expense of $60,400, and additions to retained earnings of $72,800. The firm currently has 20,000 shares of common stock outstanding, and the previous year’s dividends per share were $1.35. The tax rate was 22 percent. What was the times interest earned ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Which statement describes a monopoly? many firms produce identical products with no control over the market price. many firms produce differentiated products with control over market price. a single firm produces a product with no close substitutes and control over the market price. a single firm produces a product with many close substitutes and limited control over the market price.

12. nelson corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 115 units in beginning inventory 380 units produced 5,900 units sold 6,070 units in ending inventory 210 variable costs per unit: direct materials $ 46 direct labor $ 27 variable manufacturing overhead $ 3 variable selling and administrative $ 12 fixed costs: fixed manufacturing overhead $ 112,100 fixed selling and administrative $ 36,420 the company produces the same number of units every month, although the sales in units vary from month to month. the company's variable costs per unit and total fixed costs have been constant from month to month. a. prepare a contribution format income statement for the month using variable costing. unit product cost under variable costing direct materials direct labor variable manufacturing overhead variable costing unit product cost (formula)

Rats that received electric shocks were unlikely to develop ulcers if the