Thompson's Jet Skis Has at the End of the Year

question 13

Multiple Choice

Thompson's Jet Skis has at the end of the year Total assets of £650,000, Total Equity of £300,000, EBIT of £200,000 and Interest of £15,000? Calculate the Total debt ratio and Cash coverage ratio?

• A)3.25 and 13.3333.
• B)1.5 and 0.6667.
• C)1.1667 and 0.6667
• D)1.1667 and 13.3333.
• E)3.175 and 13.3333.

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Definitions:

Numerically Impossible

A term referring to tasks or events that cannot occur due to mathematical constraints or limitations.

Karen Wynn

A cognitive psychologist known for her research on the foundations of human cognition, particularly in infants, including their understanding of numbers and social evaluation.

Object Permanence

Object permanence is the understanding that objects continue to exist even when they cannot be seen, heard, or touched.

Formal Operational

A stage in Piaget's theory of cognitive development, where individuals develop the ability to think abstractly and reason logically.