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Times interest earned ratio




Question;2. A;company?s fixed interest expense is $8,000, its income before interest;expense and income tax;is $32, 000. Its net income is;$9,600. The company?s time interest earned ration equals?;3. An;employee earned $4,300 working for an employer. The current rate for FICA;Social Security is;6.2% and the rate for FICA;Medicare 1.45%. The employer?s total FICA payroll tax for this;employee is?;4. A;company had net cash flows from operations of $120,000, cash flows from;financing of;$330,000, total cash flows if;$500,000 and average total assets of $2,500,000. The cash flow on;total assets ration equals?


Paper#37727 | Written in 18-Jul-2015

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