At the beginning of 2013, Flaherty Company had retained earnings of $250,000. During the year Flaherty reported net income of $100,000, sold treasury stock at a "gain" of $36,000, declared a cash dividend of $60,000, and declared and issued a small
Answers (1)
Standard inc. has an annual interest expense of $40,000. if standard's times-interest-earned ratio is 3.0, what is standard's earnings before taxes (ebt) ? select one: a. $160,000 b. $80,000 c. $47,000 d. $120,000
Answers (1)