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2 years ago

10

Jamal needs two pairs of practice shorts for basketball. the athletic clothing store has them priced at 5 for $22. how much woul

d he pay for two pairs of shorts?

1 answer:

Ede4ka [16]2 years ago

8 0

I guess the answer is $8.80

Divide $22 to 5 pairs of shorts to get the price of each shorts, which is $4.40,

Jamal only need two pairs of shorts, so 2 x $4.40 is equal to $8.80

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Answer:

Times Interest earned ratio is 4.41 times

Explanation:

Times interest earned ratio measure the business capability to pay the interest over its liabilities from its current earning.

As interest expense value is not given it is calculated by the net of Earning before interest and tax and Income before tax

Net Income = Addition to Retained Earning + Dividend Paid = $133,100 + ( 84,000 x $1 ) = $133,100 + $84,000 = $217,100

Income before tax = $217,100 x 100% / ( 100% - 35%) = $334,000

Earning before interest and tax = Sales - Cost of goods sold - depreciation expense - other operating expenses = 1,440,000 - 570,000 - 144,000 - 294,000 = $432,000

Interest Expense = Earning before interest and tax - Income before tax = $432,000 - 334,000 = $98,000

Times Interest earned ratio = Earning before Interest and tax / Interest expense = $432,000 / $98000 = 4.41 time

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Answer:

B. Contrast Error

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Contrast error occurs during the performance evaluation of an employee, whereby the evaluation or appraisal of the employee is affected by the fact that the previous employees or co-workers were relatively good or bad. It is a rating error in evaluation of an individual, in which the level of performance of that individual or group is affected by the level of performance of another individual or group. In this case, Amanda was rated average by Benny because of how excellent Christina is. Amanda was set to get a higher performance rating Benny did not compare her performance to that of Christina.

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The E & P ($20,000)

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