Which financial ratio is a measure of the ability of the company to meet all of its fixed-charge obligations?

A) debt to asset ratio
B) debt to equity ratio
C) times interest earned
D) long-term debt to capital structure
E) coverage of fixed charges

E

Business

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There are five categories of service offerings depending upon whether or not the service component is minor or major. In which of the five categories would you place a haircut?

What will be an ideal response?

Business

Which of the following is not a feature of the Terrorism Risk Insurance Act of 2002?

A) Losses that exceed $100 billion are not covered. B) The law does not apply to acts of international terrorism when losses are less than $5 million. C) Government pays 50 percent of losses in excess of $100 billion. D) Government pays 90 percent of the losses.

Business