Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

What is the maximum debt ratio for a firm that is proposing a business plan requiring $500,000 of assets. The firm is projecting $150,000 of sales and $120,000 of operating capital ( including depreciation) for the first year. It can borrow the required $500,000 at a rate of 5% but the bank requires it to have a time interest earned ratio of at least 3.0, what is the max debt ratio?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M941668

Have any Question? 


Related Questions in Basic Finance

Us federal law regulates some futures market participants

U.S. federal law regulates some futures market participants, even though they do not directly participate in trading. Explain the difference between an introducing broker, a commodity trading advisor, a commodity pool op ...

How many ways take place to transfer of capital can you

How many ways take place to Transfer of capital? Can you please Elaborate on this and the difference between each way or method.

1 what part of the federal fair housing act is applicable

1. What part of the federal Fair Housing Act is applicable to an apartment project? 2. Define net lease. 3. Why does shopping center management promote shopper-attraction activities? 4. How does a shopping center utilize ...

There are 6 books in the billy madison seriesa how many

There are 6 books in the Billy Madison series. (a) How many different ways can April arrange the 6 books in her book shelf? (b) April plans on bringing three of the six books with her in a road trip. How many different w ...

1 a 75000 mortgage is obtained at 9 it should be paid in 20

1. A $75,000 mortgage is obtained at 9%. It should be paid in 20 years. Find the payment at the start of each month. 2. Herb is a self-employed agent who is setting his own retirement fund. He is depositing $17,000 a yea ...

In a survey of 2695 adults 1479 say they have started

In a survey of 2695 adults, 1479 say they have started paying bills online in the last year. Construct a 99% confidence interval for the population proportion. Interpret the results. A 99% confidence interval for the pop ...

Locate a newspaper or magazine article that reports a

Locate a newspaper or magazine article that reports a behavioral science research project. a. Determine whether the project is a descriptive, a correlational, or an experimental research design. b. What variables are mea ...

A student remarks 135000000 shares of general electric were

A student remarks: "135,000,000 shares of General Electric were sold yesterday on the New York Stock Exchange, at an average price of $15 per share. That means General Electric just received a little over $2 billion from ...

1 consider the four principles of ethical research with

1. Consider the four principles of ethical research with human participants outlined in the chapter. What procedures are used by behavioral scientists to help ensure that their research conforms to these principles? 2. W ...

Explain the theory of purchasing power parity pppbased on

Explain the theory of purchasing power parity (PPP). Based on this theory, what is a general forecast of the values of currencies in highly inflated countries? Explain how you could determine whether purchasing power par ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro