Cash Coverage ratio indicates if a firm has enough cash to pay of its interest expenses. The ideal ratio to be maintained by a firm is 1:1. This can be given by the following formula:
Cash Coverage Ratio=
Cash Coverage Ratio=
Cash Coverage Ratio=28.38
Assumption: Cost includes Depreciation, thus depreciation is added back, To find Cash Profits before Interest and Taxes.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
hence investor's rate of return is 10.26%
Explanation:
Given data
time = 5 year
rate = 9%
coupon bond = $975
sell bond = $985
at time = 1 year
to find out
investor's rate of return
solution
we will find first here Coupon payment that is
Coupon payment = 9% of 1000 that is $90
so that we can say that coupon bond will be
975 = 90 / (1 + r ) + $985 / (1 + r )
solve here r we get r
rate r = 10.26 %
so
hence investor's rate of return is 10.26%
Answer:
The answer is National Labor Relations Act (Wagner Act)
Explanation:
The national labor Act of 1935 provides workers with the right to organize and join labor union. The Act also provides workers with a framework for collective bargaining. The Wagner Act prohibits the interference or coercion of workers to exercise their rights of organizing or joining labor unions alongside bargaining collectively for their working conditions or wages.
Moreover, the Act prohibits the employer from the refusal to bargain with employees' representatives.