Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 409 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 05 Jun 2017 My Price 12.00

cash basis times interest earned.

Consider the following operating figures:
Net sales ……………………………………..$1,079,143
Cost and deductions:
Cost of sales ………………………………… 792,755
Selling and administration ………………….. 264,566
Interest expense, net ………………………… 4,311
Income taxes ………………………………… 5,059
1,066,691
$ 12,452
Note: Depreciation expense totals $40,000.

Required
a. Compute the times interest earned.
b. Compute the cash basis times interest earned.

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Jun 2017 10:06 PM My Price 12.00

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