microbes playing a role in nitrogen fixation in plants microbes playing a role i
ID: 2815223 • Letter: M
Question
microbes playing a role in nitrogen fixation in plants microbes playing a role in nitrogen fixation in plants Alt Alt CHAPTER 1-PRACTICE-INTRODUCTION TO FINANCIAL MANAGEMENT Instructor: Maria E. Slater, MAccFin 1. Uptown Markets is financed with 45 percent debt and 55 percent equity. This mixture of debt and equity is referred to as the firm's A. capital structure. B. capital budget C. asset allocation D. working capital E. risk structure 2. Theo's BBQ has $48,000 in current assets and $39,000 in current liabilities. Decisions related to these accoun as referred to as A. capital structure decisions B. capital budgeting decisions C. working capital management Doperating management. E. fixed account structure 3 Wiland Bill both enjoy sunshine, water, and surtboards. Thus, the two friends decided to create a busines together renting surfboards, paddle boats, and inflatable devices in Califomia. Will and Bill will equally share Abich hno of bucinoss did they create it they both haExplanation / Answer
Answer to Question 1.
Option A i.e. Capital Structure.
Capital Structure is the combination of various methods through which company finances its requirement. The various methods which can be used to finance can be Equity, Debt, Bonds or Preferred Stock.
Answer to Question 2.
Option C i.e. Working Capital Management.
Working Capital is the amount required by a business for day to day operations. Working Caoital is excess of Current Assets over Current Liabilities.
Answer to Question 3.
Option D i.e. 8.26.
Net Income = $4,238
Interest Expense = $898
Tax Rate = 35%
Net Income = (EBIT - Interest Expense) * (1 - tax)
$4,238 = (EBIT - $898) * (1 - 0.35)
$6,520 = EBIT - $898
EBIT = $7,418
Times Interest Earned Ratio = EBIT / Interest Expense
Times Interest Earned Ratio = $7,418 / $898
Times Interest Earned Ratio = 8.26
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