The Following Financial Statement Information Is Available for Barrett Corporation

question 179

Multiple Choice

The following financial statement information is available for Barrett Corporation: $\begin{array}{lrr}&2014&2013\\\text { Net income } & \$ 115,000 & \$ 80,000 \\\text { Tax expense } & 50,000 & 29,000 \\\text { Interest expense } & 15,000 & 14,000\\\text { Dividends paid to preference }\\\text { shareholders }& 22,000 & 20,000 \\\text { Dividends paid to ordinary } & & \\\text { shareholders } & 15,000 & 10,000\end{array}$ The times interest earned for 2014 is

• A) 8.8 times.
• B) 7.7 times.
• C) 12.0 times.
• D) 11.0 times.

Understand the differences between making assessments and predictions in competitor analysis.

Understand the various factors and conditions associated with the onset and progression of mood disorders.

Recognize the biochemical and physiological changes in individuals with depression.

Identify the risk factors and common diagnoses associated with suicide.

---

Definitions:

Explicitly Colludes

A situation where companies or individuals openly agree to work together, often illegally, to manipulate prices or markets.

Price-and-quantity-fixing

Practices by which firms set the price and output levels to control market conditions, often regarded as anti-competitive.

Collusion

A secret or illegal cooperation or conspiracy, especially between firms, to deceive or gain an unfair advantage.

Demand Curve

The Demand Curve depicts the relationship between the price of a product and the amount of it that consumers are willing to purchase at various prices, usually sloping downward from left to right.