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In 2010, a Biotechnology Firm, DNA Map Inc

question 1

Essay

In 2010, a biotechnology firm, DNA Map Inc., had $700 million of assets and $280 million of liabilities.
Earnings before interest and taxes were $215 million, interest expense was $10 million, and the tax rate was
32%.
(a) Calculate the times-interest-earned.
(b) Calculate the debt-to-equity ratio.
(c) Calculate the net margin.

Comprehend the principles of affective forecasting and its impact on emotional expectations.
Describe the concept of ego depletion and its effect on self-control.
Understand cognitive reappraisal as a technique to regulate emotional responses.
Illustrate the self-regulatory perseveration theory of depression.

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