In the past year, TVG had revenues of $2.95 million, cost of goods sold of $2.45 million, and depreciation expense of $178,000. the firm has a single issue of debt outstanding with a book value of $1.15 million on which it pays an interest rate of 8%. What is the firm's times interest earned ratio?

Blue Sky Drone Company has a total asset turnover ratio of 6.00x, net annual sales of $25 million, and operating expenses of $11 million (including depreciation and amortization). On its balance sheet and income statement, respectively, it reported total debt of $1.75 million on which it pays a 7% interest rate. To analyze a company's financial leverage situation, you need to measure the firm's debt management ratios. Based on the preceding information, what are the values for Blue Sky Drone's debt management ratios? Ratio Debt ratio Times-interest- earned ratio Value Influenced by a firm's ability to make interest payments and pay back its debt, if all else is equal, creditors would prefer to give loans to companies with low debt ratios.

Last year, Atlantic Richfield had sales of $325,000 and a net income of $28,700. The firm finances using only debt and common equity, and total assets equal total invested capital. Year-end assets were $250,000, and the firm's debt ratio (total-debt-to-total-capital ratio) was 15%. What was their ROE? Your answer should be between 7.12 and 15.40, rounded to 2 decimal places, with no special characters.

The Brenmar Sales Company had a gross profit margin​ (gross profits÷​sales) of 34 percent and sales of $9.2 million last year.   73 percent of the​ firm's sales are on​ credit, and the remainder are cash sales. ​ Brenmar's current assets equal $1.2 ​million, its current liabilities equal $300,700​, and it has $109,000 in cash plus marketable securities.   a. If​ Brenmar's accounts receivable equal $562,900​, what is its average collection​ period? b. If Brenmar reduces its average collection period to 25 ​days, what will be its new level of accounts​ receivable? c.  ​Brenmar's inventory turnover ratio is 9.3 times. What is the level of​ Brenmar's inventories?

The Mikado Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of .49 and a current ratio of 1.38. Current liabilities are $2,450, sales are $10,630, profit margin is 10 percent, and ROE is 15 percent. What is the amount of the firm’s net fixed assets?

Orono Corp.'s sales last year were $575,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times interest earned (TIE) ratio?

SOLVE

Company R generates $2,400 net income. Assume that the company pays $2,000 interests on its debts and 40% taxes on earnings before taxes. What is the Times-Interest-Earned (TIE) Ratio of Company R?.

Thomson Trucking Co. has $12 billion in assets and its tax rate is 25%. The firm’s basic earning power (BEP) ratio is 10% and its ROA is 5.25%. What is the firm’s times interest earned (TIE) ratio?   please show all the steps

The Paulson Company's year-end balance sheet is shown below. Its cost of common equity is 16%, its before-tax cost of debt is 8%, and its marginal tax rate is 25%. Assume that the firm's long-term debt sells at par value. The firm’s total debt, which is the sum of the company’s short-term debt and long-term debt, equals $1,140. The firm has 576 shares of common stock outstanding that sell for $4.00 per share. Assets   Liabilities And Equity Cash $ 120   Accounts payable and accruals $ 10 Accounts receivable 240   Short-term debt 40 Inventories 360   Long-term debt 1,100 Plant and equipment, net 2,160   Common equity 1,730 Total assets $2,880   Total liabilities and equity $2,880 Calculate Paulson's WACC using market-value weights. Do not round intermediate calculations. Round your answer to two decimal places.   %