Ask Question
BusinessBusiness
23 January, 07:37

The highest possible value for the interest burden ratio is

+1
Answers (2)
  1. 23 January, 07:43
    0
    The highest possible value for the interest burden ratio is 1

    Interest Burden ratio determines the company's capabilities to pay up its interest expense on outstanding debt.

    to be considered as 'acceptable' a company must have at least 2 in interest burden ratio value
  2. 23 January, 07:56
    0
    The highest possible value would be 1.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The highest possible value for the interest burden ratio is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Sean, the manager at Shield Corp., intends to examine his company's financial position at the moment. In this case, which of the following financial statements is Sean most likely to use? a. The dividend report b. The statement of cash flows c.
Answers (1)
A student will decide to attend class when A. The Marginal Cost in low B. The Marginal Benefit of attending exceeds the marginal cost of attending C. There is an attendance policy D. The Marginal Benefit is positive
Answers (1)
When closing entries are made:Select one:a. All ledger accounts are closed to start the new accounting period. b. All temporary accounts are closed but not the permanent accounts. c. All real accounts are closed but not the nominal accounts. d.
Answers (1)
Sherry runs a small manufacturing business. She has a great rapport with her vendors, and manages to get the upper hand when she negotiates the terms and conditions of new contracts.
Answers (2)
Oral evidence in contract disputes is prohibited by:
Answers (1)
New Questions in Business
Suppose the Fed raises the required reserve ratio, a move that is normally thought to reduce the money supply.
Answers (1)
Alex contests for a local political office and makes a lot of promises to people. But after he wins the election and takes office, he is unable to carry out the political promises. In the given scenario, which leadership traits does Alex lack?
Answers (1)
You observe a portfolio for five years and determine that its average return is 12.5 % and the standard deviation of its returns in 19.5 %. Would a 30% loss next year be outside the 95% confidence interval for this portfolio?
Answers (1)
Pronghorn Company's income statement for the year ended December 31, 2020, contained the following condensed information.
Answers (1)
Why would firms that rely heavily on credit sales find factoring attractive?
Answers (1)
Home » Business » The highest possible value for the interest burden ratio is
Sign Up Forgot Password?