The Times interest earned ratio is a good indication of:
a. the company's outstanding debt.
b. the company's ability to meet its interest payments.
c. the company's ability to pay back its debt.
d. the company's overall debt to equity ratio.
e. None of the answers are correct.
b
Business
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What is the expected, constant growth rate of dividends for a stock with a current price of $100, expected dividend payment of $10 per share, and a required return of 16 percent?
A) 6.25 percent B) 6.00 percent C) 8.00 percent D) 10.00 percent
Business
After managers understand both the legal and the marketing consequences of price strategies, they should set a price, the general level at which a company expects to sell a good or service. What is this price?
a. base b. demand c. leader d. functional
Business