The right to receive a proportionate share of any assets remaining after the corporation goes out of business, sells its assets, and pays off its liabilities is the right of liquidation.
What is Right of Liquidation?In contract talks for mergers and acquisitions, liquidation rights, sometimes referred to as liquidation preferences, are a crucial component. In the event that a business decides to sell or liquidate all of its assets, they decide who is compensated and when. The key warning signs that a company may be on the verge of going out of business are: a lack of understanding of business procedures; a lack of resources to cover expenditures; excessive spending to attract customers; failure of customers to pay debts; and intense competition. Making ensuring that all of the company's affairs have been resolved and all of its assets have been realised is the goal of liquidation. After completing this, the liquidator will request that the company be dissolved, which means it will be removed from the Companies House registry.
Hence, The right to receive a proportionate share of any assets remaining after the corporation goes out of business, sells its assets, and pays off its liabilities is the right of liquidation.
To learn more about right of liquidation click,
https://brainly.com/question/24131354
#SPJ4
suppose that the reserve ratio is 10% when the fed buys $100,000 of u.s. treasury bills from the banking system. if the banking system does not want to hold any excess reserves, will be added to the money supply.
When the banking system does not desire to hold any excess reserves, $10,000 will be added from the money supply. The complete question is shown below.
A banking system can be explained as a group or network of institutions that serve financial services for us. Operating a payment system is responsible of these institutions, serving loans, taking deposits, and helping with investments.
Based on the scenario, can be calculated with this formula
Amount of reduction in money supply = $100,000 / 10% = $10,000.
Thus, when the banking system does not want to hold any excess reserves, $10,000 will be substracted from the money supply.
"Suppose that the reserve ratio is 10% when the Fed buys $100,000 of US Treasury bills from the banking system. If the banking system does NOT want to hold any excess reserves, ______ will be added to the money supply."
Learn more about a banking system at https://brainly.com/question/25247091
#SPJ4
nicholas, an employee at a book publishing company, is unhappy with his company's existing project management system. he decides to communicate this to the top management by expressing his complaints in an email. according to the work of philosopher immanuel kant, nicholas is applying his right of
Nicholas is exercising his right to free speech in accordance with the writings of philosopher Immanuel Kant.
What do you mean by philosopher?
A philosopher is a person who engages in philosophical activity or inquiry. The Greek philosopher Pythagoras is credited with creating the phrase. In the traditional meaning, a philosopher was a person who adhered to a particular style of living and focused on finding answers to existential questions concerning the human condition; they were not required to discuss ideas or make judgments about writers. Philosophers would have been those who had most fervently devoted themselves to this way of life.
To learn more about philosopher
https://brainly.com/question/25266978
#SPJ4
an inferior good is a good for which the quantity demanded increases as the price decreases, holding everything else constant a.true b.false
The statement an inferior good is a good for which the quantity demanded increases as the price decreases, holding everything else constant is false.
In the field of business, an inferior good can be described as a product whose demand in the market will decrease if the income of the people in a place or country increases. As the economy of a country increases, the quantity demanded for an inferior good decrease.
An inferior good is a type of good that is used only by customers when they have low incomes or the country is not economically stable. When there is a higher income for the people of a country, the value of demand for the inferior good decreases.
To learn more about inferior good, click here:
https://brainly.com/question/20532958
#SPJ4
multiple choice question plant assets are recorded at cost, which includes all expenditures necessary to get the asset in place and ready for use. all of the following would be included as part of the cost of a plant asset except: multiple choice question. costs to customize the new plant asset damage done when unpacking the plant asset costs to modify the new plant asset cost to purchase the new plant asset
Plant assets are recorded at cost, which includes all expenditures necessary to get the asset in place and ready for use. all of the following would be included as part of the cost of a plant asset except: the new plant asset cost to purchase the new plant asset.
What is the cost of Plant assets ?The cost of the new plant can be described as the bcost that is required to get the plant to the place that is designed to be as it is been stated by the company.
It should be noted that the cost emcompass the listed option except the cost of the purchase of the new plant asset.
Therefore, the last option is correct.
Learn more about cost here:https://brainly.com/question/25109150
#SPJ1
Answer:Damage done when unpacking the plant asset
Explanation:
Damage done when unpacking the plant asset
clark hires dion to act as his agent to purchase expo sports arena, inc. clark tells dion to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is. clark is
In the situation where Clark tells Dion to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is, Clark is A. A disclosed principal
In the field of business, when a person or business has hired an agent that is taking actions in representation for the person, business or principal is a disclosed principal.
In the scenario mentioned in the question, as Cark is the principal who has hired an agent, hence Calrk is the disclosed principal.
The party's identity is represented through an agent in a disclosed principal. In the situation above, anything related to Clark's business such as buying a firm will be discussed by agent Dion.
Although a part of your question is missing, you might be referring to this question:
Clark hires Dimitri to act as his agent to purchase Expo Sports Arena, Inc. Clark tells Dimitri to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is. Clark is
A. A disclosed principal
B. An apparent principal
C. An undisclosed principal
D. A partially disclosed principal
To learn more about a principal, click here:
https://brainly.com/question/28237902
#SPJ4
Rhiannon is an inside sales representative at a natural cosmetics company. She recently sold a new primer the company released to many clients. However, the pump on the primer bottle does not work properly. Investigation shows the error stems from the manufacturer of the pump. Rhiannon’s sales manager had pressured rhiannon to sell this new product, and now rhiannon is worried that this is not an isolated incident. In this case, there could be a major recall, and the firm’s ceo would have to get involved. If a client is highly dissatisfied and wants to express discontent, who are they most likely to contact first?.
Answer:the client
Explanation:
Tim is retired and has recently separated from his wife. He receives benefits from a qualified retirement plan through his former employer. The plan's trustee has decided to split these benefit payments between Tim and his estranged wife. This decision is likely in violation of which IRS rule?
a. reasonable expectations
b. alienation of benefits
c. minimum coverage
d. indemnity of benefits
The decision that is likely in violation with IRS rule is option b. alienation of benefits.
The assignment of a pension or retirement plan participant's benefits to a different person is known as alienation of benefits. According to IRS regulations, it is only allowed in exceptional situations like specific participant loans and specific domestic relations orders. This trustee likely violates this rule because there is no domestic relations order.
A retirement plan that has been approved by the IRS and allows investment income to grow tax-deferred is known as a qualified retirement plan. Individual retirement accounts (IRAs), pension plans, and Keogh plans are typical examples. The majority of retirement plans provided by your employer are qualified plans.
To know more about retirement plans, refer to the following link:
https://brainly.com/question/28128413
#SPJ4
jared is buying a condo from luke. sally is jared’s lender, and thomas is jared’s agent. meredith is luke’s agent. who is responsible for providing the loan estimate?
Sally, Jared's lender is responsible for providing the loan estimate.
The lender has to offer you a loan Estimate within 3 enterprise days of receiving your utility. The mortgage Estimate is a shape that took effect on Oct. Three, 2015. The shape presents you with crucial facts, along with the anticipated interest charge, monthly charge, and total final fees for the loan.
It permits the lender to affirm the employment listed on the applicant's mortgage software. Numerous events have a position in finishing elements of the verification of employment shape.
Learn more about lenders here https://brainly.com/question/26913200
#SPJ4
which approach to budgeting takes a backward view of promotion, assuming sales produce promotion versus promotion producing sales
A percentage approach may be utilized because advertising and marketing expenses are difficult to predict for the majority of businesses.
In anticipation of new product lines coming to market soon, a promotional budget could be increased.
What Is a Budget for Promotions?
A specific amount of money is set aside in a promotional budget to promote a company or organization's products or beliefs. To anticipate the essential costs of expanding a business or maintaining a brand, promotional budgets are created.
In order to maintain an anticipated growth rate, the budget is frequently established based on a percentage of sales or profits for an established business, a percentage of startup costs or use of funds in the case of a startup, or a percentage of raised funds in the case of a non-profit or foundation.
Learn more about promotional budgets here:
https://brainly.com/question/28275601
#SPJ4
what is an organizations short term debt account comprised of?
Out of the choices provided above, it can be concluded to state that the short-term debt accounts of an organization is composed of its current liabilities. Therefore, the option B holds true.
What is the significance of current liabilities?The current liabilities of an organization can be referred to or considered as the liabilities of an organization, which are due for repayment within the current year of the financial operations of the organization. It does not include loans to be repaid over a period of more than one year.
The balance sheet of an organization's financial statements consists of sub-headers such as the short-term debts in the headers of liabilities. These short-term debts are to be repaid within the year of financial operations as on the date of balance sheet.
Therefore, the option B holds true and states regarding the significance of current liabilities.
Learn more about current liabilities here:
https://brainly.com/question/13388204
#SPJ1
The missing choices are added below
Current Assets
Current Liabilities
Bad debts
All of these
the purpose of exception and performance reports is to highlight . a. opportunities to improve planning processes b. when requirements schedules may not meet demand c. periods when customer demand should be increased d. both a and b
The goal of exception and performance reports is to draw attention to option d, which includes both a. chances to enhance planning procedures and b. instances in which needs schedules might not satisfy demand.
A performance report examines how something is performed. Governmental organizations regularly create them because they are obligated to demonstrate how public funds were used effectively and efficiently.
A company's performance and compliance with its goals and objectives are assessed through performance reporting. You collect data from particular works and analyze them to accomplish them. You can offer suggestions to enhance decision-making in your company processes once that analysis is complete.
An exception report pinpoints transactions or performance indicators that significantly depart from expected results and marks such outliers for investigation and correction.
Learn more about performance reports here:
https://brainly.com/question/28563249
#SPJ4
It costs a publishing company $0. 55 to print one copy of a certain novel. This company paid $725,000 for the rights to the novel. If they can sell a copy of the novel for $6. 75, how many copies of the novel must they sell to break even, to the nearest hundred?.
116,900 copies of the novel must they sell to break even, to the nearest hundred.
What is cost?In manufacturing, research, retail, and accounting, an expense is the value of money that was used to produce a product or provide a service and is therefore no longer available. In business, the cost may be the purchase price, in which case the cost is the amount of money used for the purchase.
The two main types of costs in businesses are
fixed costvariable costFixed costs do not change depending on output, while variable costs. Fixed costs are sometimes called overheads.
To learn more about cost, refer;
https://brainly.com/question/15135554
#SPJ4
a customer receives a confirmation for a securities transaction and it discloses that the broker-dealer acted in the capacity of a dealer. this means that the firm acted as a(n):
A broker-dealer purchases stocks, bonds, and other types of securities. Then, at a price greater than the purchase price, they sell the shares to a different investor.
What Does a Broker-Dealer Do?Broker-dealers, who are crucial to maintaining market liquidity, might be corporations, institutions, or private individuals. And they play two different functions, as you might infer from the hyphenated name.They play the role of a broker at times. They assist clients in the purchase or sale of securities, such as stocks. They act as a middleman, assisting you in acquiring the shares from the seller in exchange for a brokerage fee.They take on the role of a dealer other times. This indicates that they are genuine participants or principals in a securities sale. (Note that traders do not purchase or sell as part of a legitimate business; rather, they do so for personal gain.)Broker-dealers will make sure to profit for their company's account by making sure to sell the securities for more than they paid. When serving as a principal in a transaction, broker-dealers are required to inform their clients. They are not permitted by law to make money from both ends of a single transaction.To Learn more About broker-dealer refer to:
https://brainly.com/question/14301808
#SPJ4
when a perfectly competitive firm is in long-run equilibrium, the firm is producing at?
when a perfectly competitive firm is in long-run equilibrium, the firm is producing at a point that corresponds to minimum long-run average total cost.
According to economic theory, perfect competition exists when all businesses sell the same goods, market share has no bearing on prices, businesses can enter or quit the market without any obstacles, consumers have perfect or complete information, and businesses are unable to set prices.
Agricultural markets are another example of almost flawless competition. Imagine going to your neighbourhood farmers' market and finding a variety of vendors offering the same fruits, veggies, and herbs. The costs of the commodities are simple to ascertain, yet they are typically close to one another.
To know more about perfectly competitive firm: https://brainly.com/question/25327136
#SPJ4
A perfectly competitive firm that chooses to produce will maximize profits at the output level where which of the following is true?
A
Average cost is equal to marginal revenue
B
Marginal cost is total revenue
C
Marginal cost is equal to marginal revenue
D
Average total cost is equal to average revenue
A perfectly competitive firm that chooses to produce will maximize profits at the output level where B. Marginal cost is total revenue.
What is a perfectly competitive firm's output that maximizes profits?
In a market with perfect competition, a company can maximize its profits by producing at the point when marginal cost and marginal income are equal.
When marginal revenue and marginal cost are equal, or when MR = MC, a fully competitive firm will make the decision that will maximize its profits.
As a result, the firm's profits are maximized when it selects an output level where its marginal revenue and marginal cost are identical. Consider once more the example of the company that produces a single good using only two inputs, labor and capital, to explain the idea of profit maximization.
To know more about perfectly competitive firm, refer:
https://brainly.com/question/27419666
#SPJ4
a monopoly is producing where average total cost equals $30, marginal revenue is $40, and the price is $50. if atc is at its minimum level and the atc curve is u-shaped, in order to maximize profits this firm should:
When the average total cost is $30, the marginal revenue is $40, and the price is $50, a monopoly is in operation. In order to maximise revenues, this company should: If atc is at its minimum level and the atc curve is u-shaped reduced output.
A monopoly's demand curve often intersects the average cost at its lowest point and is on the right side of the marginal revenue curve. Similar to this, when the average cost curve is at its smallest, the marginal cost curve crosses the average cost curve. Reduced Output Period is a period during the Term when the Facility's generation ,The average cost should be more than the marginal revenue at the point where profits are maximized. Since the marginal revenue in the provided example exceeds the minimum average cost, output should be decreased in order to maximise profit. Since the price is higher, the monopoly will still make super normal profits.
Learn more about Reduced output here:
https://brainly.com/question/28711467
#SPJ4
what are the typical goals of a startup's promotional activities? select all that apply. group of answer choices acceptance of a new product addressing competitor's actions increase in sales improved brand equity significant near term return on investment
This is known as a: When a startup's promotional strategy is to create buzz about a product through advertising, media campaigns, andpull techniquet / f) It is best to stick to a single promotional strategy and one type of activity throughout a product's life cycle.
What is the initial step to making a triumphant offer?
Methods for Creating a Strong Value Proposition Find out what your rivals' value propositions are by conducting research. Describe the worth of your goods and services. Describe the advantages your ideal client will gain by choosing your product or service over the alternatives.
What are the four methods for promotion?
The marketing four Ps: product, cost, location, and promotion
Learn more about promotional strategy here:
https://brainly.com/question/29218449
#SPJ4
consumers are concerned with security issues related to their confidential health information being placed in an electronic health record (ehr). however, when the security of the ehr is compared with that of paper-and-pencil records, the ehr is:
Consumers are concerned with security issues related to their confidential health information being placed in an electronic health record (EHR). However, when the security of the EHR is compared with that of paper-and-pencil records, the EHR is more secure. Hence, option A is the correct answer.
One of the fundamental obligations of medical profession is confidentiality. Health care professionals are required to keep a patient's confidential health information private until the patient gives approval to share the information. The process of ensuring the security and confidentiality of patient records is known as medical privacy or health privacy. It involves both the security of medical records and the confidentiality of conversations between healthcare professionals.
An electronic health record is a standardized collection of patient and population health data that has been digitally saved. These records might be distributed throughout other healthcare facilities.
To know more about documentation related to a person's health: https://brainly.com/question/28170598
#SPJ4
The correct question is:
Consumers are concerned with security issues related to their confidential health information being placed in an electronic health record (EHR). However, when the security of the EHR is compared with that of paper-and-pencil records, the EHR is:
a.
more secure.
b.
less secure.
c.
equivalent.
d.
not comparable with the paper-and-pencil record
on track limited has an order to sell 50,000 pieces of fitness equipment to brazil, but the brazilian government stipulated that 35 percent of the component parts of the equipment must be produced in brazil. this stipulation is an example of a(n)
This clause serves as an illustration of a local content requirement.
Significant class of risk associated with overseas investments that can be insured through government-backed programs?Government-backed insurance policies are now available in many investor nations to cover the main categories of foreign investment risk. Expropriation (nationalization), war losses, and the inability to reinvest revenues are only a few of the hazards covered by these programs.
Why would a nation impose export taxes?Because exporting the commodities would be more expensive, producers would be motivated to keep their products domestically. As a result of the increased supply, prices for items are often lower. Why would a nation impose taxes on commodities exported?
To know more about local content requirement visit:-
https://brainly.com/question/4524961
#SPJ4
the balance in the finished goods inventory on the ending balance sheet for a firm represents items in the process of being manufactured items completed and ready for sale items that have been sold to customers raw materials that have been purchased from vendors
The balance of finished goods inventory on the final balance sheet of a company is goods in the process of making finished goods and ready for sale goods that have been sold to customers raw materials that have been purchased from finished goods inventory sellers.
The balance sheet is that part of the financial statements of a business entity or company that records information about the assets, liabilities and shareholder equity at a given time. This report must be made by a business entity or company because it is a guide in making business decisions.
Balance Sheet Benefits
Applies as an analysis tool for changes in the financial condition of a company on a regular basis, from year to yearBusiness entity liquidity analysis tool to determine the company's ability to perform its obligationsAnalysis tool for the company's ability to pay off short-term debtLearn more about balance sheet here brainly.com/question/26323001
#SPJ4
a firm can be the sole supplier of a good and still not be considered a monopoly if part 2 a. the firm is not large. b. the good produced is not important to the economy. c. there are very close substitutes for the good. d. the firm is making normal profits.
If option c. is true and there exist highly similar substitutes for the good, a company can be the only supplier of a good and still not be seen as a monopoly.
If there is just one seller in the market, this is a situation called a monopoly. In traditional economic theory, the monopolistic situation is seen as the complete antithesis of perfect competition.
In the absence of competition, monopolies are able to establish prices and keep them stable and predictable for customers. Monopolies gain from economies of scale and frequently generate enormous volumes for less money per unit. A company that enjoys monopoly status can do so without fear of competition and safely invest in innovation.
Learn more about monopoly here:
https://brainly.com/question/13939056
#SPJ4
humana has an employee advocacy program that showcases the work their employees are doing. they have control over what content is distributed out and are able to host the content on their designated sites and platforms. this is an example of .
Employee Advocacy is outlined because the promotion of an organization or whole by staff us agency share info concerning the company's whole, product, or services on their social media networks.
A social media policy should embrace a delicate balance: it must defend your whole and guard against legal and security risks. Basic problems are perpetually a requirement, like sharing confidential company and consumer info or posting content that will be deemed uncomplimentary, offensive or calumnious.
Employee Advocacy is once the people that work for an organization take steps to market their leader.
To learn more about Employee Advocacy, visit here
https://brainly.com/question/17235230
#SPJ4
when total expenditures exceed the economy's potential gdp, the proper fiscal policy is to a. increase transfer payments to the poor and elderly. b. cut personal income tax rates. c. decrease government purchases. d. increase purchasing power.
The appropriate fiscal policy is to (C) reduce government purchases when total expenditures exceed the economy's potential GDP.
What is GDP?Gross domestic product (GDP) is a monetary indicator of the total market value of all the final commodities and services that nations generate and sell over a given time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.The third quarter saw a rise in current-dollar GDP of 6.7 percent at an annual pace, or $414.8 billion, to a total of $25.66 trillion.The country's national statistical office often uses the international standard to compute GDP.Reduced government spending is the appropriate financial strategy when total expenditures exceed potential GDP.Therefore, the appropriate fiscal policy is to (C) reduce government purchases when total expenditures exceed the economy's potential GDP.
Know more about GDP here:
https://brainly.com/question/1383956
#SPJ4
Walmart and home depot emphasize consistently low prices and eliminate most markdowns with a strategy often called.
Walmart and Home Depot emphasize consistently low prices and eliminate most markdowns with a strategy often called everyday low pricing.
At the most essential stage, supply chain management (SCM) is the management of the drift of products, data, and finances associated with a product or service, from the procurement of raw materials to the delivery of the product at its final vacation spot.
Supply management is made from 5 regions: supply-making plans, manufacturing-making plans, stock-making plans, capacity-making plans, and distribution-making plans.
Learn more about Walmart here: https://brainly.com/question/18559162
#SPJ4
Ezra ha never completed a tax return. He know he will have to file thi year becaue he had a ummer job. Although he owe no federal income taxe, $125 wa withheld from hi pay-check. If he doent file, he wont get thi money back. Ezra doent know how to chooe or complete the tax form he need. He heard there are oftware program that are deigned to help people fill out tax return. He went to hi local computer tore, but the oftware he found did not eem to be deigned for people filing a tax return for the firt time. What hould ezra do?
According to the gospel of Jesus Christ, the best place to start when thinking about Ezra the priest is by recalling some of the things that Ezra said and did.
Ezra did what?Ezra made the decision to serve as a missionary, an evangelist, and a witness. He understood that everyone had to be aware of and obedient to God's Word. God had appointed Ezra to bring back the Lord's Law in Israel's daily lives. Because Ezra was committed to passing along God's Word to others, God's hand was upon him.
What is Ezra's primary goal?The story of Ezra emphasizes that God maintained His word and demonstrates that He would continue to benefit His people as long as they were faithful to Him. The book therefore stresses related to Chronicles, the temple and proper worship (which was also written during these days).
To know more about Ezra visit:-
https://brainly.com/question/20741814
#SPJ4
the operating philosophy that focuses on waste reduction and value enhancement is known as? the operating philosophy that focuses on waste reduction and value enhancement is known as? continuous improvement total quality management six sigma lean
APICS (American Production and Inventory Control Society) defined JIT as “a philosophy of manufacturing based on planned elimination of all waste and on continuous improvement of productivity”.
Lean management systems: what are they?An organizational management strategy known as lean promotes the idea of continuous improvement, a long-term strategy for work that deliberately aims to achieve tiny, incremental changes in processes in order to increase productivity and quality.Any operation that does not provide value for the client is typically referred to in lean manufacturing as "waste." Basically, waste is any pointless manufacturing process step that the consumer does not want to pay for because it does not provide any value to the customer.Lean methodology seeks to reduce waste in order to ensure uninterrupted flow of information and resources in the value stream.To learn more about Lean management systems refer to:
https://brainly.com/question/29095075
#SPJ4
which of these is considered an active participant for determining the deductibility of traditional ira contributions this year?
I. A participant in a defined benefit pension plan who has just satisfied the eligibility requirements and entered the plan in the past six months
II. A participant in a traditional Section 401(k) plan who is currently not making elective deferrals but has $100 of forfeitures reallocated to their account this year.
These are considered an active participants in determining the deductibility of traditional ira contributions this year.
An Individual retirement account (IRA) permits you to keep cash for retirement in a tax-advantaged manner. An IRA is an account set up at an economic group that lets in a man or woman to store for retirement with a tax-unfastened boom or on a tax-deferred foundation.
Traditional IRAs, Roth IRAs, and Rollover IRAs are the 3 most commonplace styles of character retirement money owed. variations of not unusual IRA sorts consist of Inherited IRAs and Custodial IRAs. There are 2 extra styles of IRAs, the SEP IRA and Simple IRA, which can be meant for self-hired individuals and small organizations.
Learn more about ira here: https://brainly.com/question/1213929
#SPJ4
__ is an emerging retailing strategy that employs market data to best serve customers as they prepare to make a purchase. it focuses on understanding how a brand's target customers behave as shoppers.
Shopper marketing is a growing retailing strategy that employs market data to best serve consumers as they prepare to make a purchase. It emphasizes understanding how the target customers of a brand behave as shoppers.
Shopper marketing is an emerging cross-functional strategy primarily designed to improve performance of businesses by using actionable insights in order to connect with shoppers and influence behavior patterns anywhere along the path to purchase.
Shopper marketing focuses on improving the shopping experience for customers in order to drive sales both online and in-store at the point of purchase.
You can learn more about shopper marketing at
https://brainly.com/question/16993742
#SPJ4
which of these is a financial service offered to business owners
Answer:
commercial banks
Explanation:
a company's income before interest expense and income taxes is $450,000, and its interest expense is $120,000. its times interest earned ratio is:
A measure of a company's ability to honour its debt obligations based on current income is known as the times interest earned (TIE) ratio. TIE, which is also known as interest coverage ratio, can be computed using the formula below:
TIE = EBIT / Interest Expense (1) In which case;
$450,000 is EBIT, or earnings before interest and taxes.
Interest costs equal $120,000.
When we enter the values into equation (1), we get:
TIE is $450,000 divided by $120,000, or 3.75 times.
According to this, the company's income exceeds its interest expense by a factor of 3.75.
Based on current income, the times interest earned (TIE) ratio assesses a company's capacity to service its debt. Analysts ought to take the ratio's time series into account. It's possible that a single point ratio is not the best metric.
To know more about current income, click here:-
https://brainly.com/question/14190363
#SPJ4