The following financial information was obtained from the year ended 2018 income statements for Cash Automotive and Pennington Automotive:. Cash Pennington
Net income $26,070 $74,188
Income tax expense 9,270 27,080
Interest expense 300 2,900
Requirements:
1. Compute the times-interest-earned ratio for each company Round to two decimals.
2. Which company was better able to cover its interest expense?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

12.     to produce a textured purée, you would use a/an a. food processor. b. wide-mesh sieve. c. immersion blender d. food mill. student a   incorrect which is correct answer?

Under t, the point (0,2) gets mapped to (3,0). t-1 (x, y) →