An increase in ________ will decrease the times-interest-earned ratio

A) the tax rate
B) gross profit
C) interest expense
D) common stock

Answer: C

Business

You might also like to view...

It is possible for two companies to have the same financial performance, but their financial

statements can be different, depending on how and when the managers choose to report certain transactions. Indicate whether the statement is true or false

Business

As a foreign exchange trader for JPMorgan Chase, you have just called a trader at UBS to get quotes for the British pound for the spot, 30-day, 60-day, and 90-day forward rates

Your UBS counterpart stated, "We trade sterling at $1.7745-50, 47/44, 88/81, 125/115 ." What cash flows would you pay and receive if you do a forward foreign exchange swap in which you swap into £5,000,000 at the 30-day rate and out of £5,000,000 at the 90-day rate? What must be the relationship between dollar interest rates and pound sterling interest rates?

Business