A Fixed Charge Coverage

question 6

Multiple Choice

A fixed charge coverage:

• A)is a balance sheet indication of debt carrying ability.
• B)is an income statement indication of debt carrying ability.
• C)is a liquidity ratio.
• D)frequently includes research and development.
• E)computation is standard from firm to firm.

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Definitions:

Married Persons

Individuals who are legally joined in matrimony, a state that entails certain legal rights, responsibilities, and social recognition.

Divorced Persons

Individuals who have legally terminated their marriage.

Kamikaze Pilots

Members of the Japanese military during World War II who executed suicide missions, crashing their aircraft loaded with explosives into enemy targets.

Rational Suicide

Suicide in which the individual is not insane and is aware of what he or she is doing.