The Formula for Debt Service Coverage Is

question 11

Multiple Choice

The formula for debt service coverage is

• A) (Profit + Depreciation)/(Current liabilities + Long-term debt)
• B) (Profit (Loss) + Interest expense + Depreciation)/(Interest expense + Principal)
• C) (Interest expense + Depreciation + Amortization)/Total expense
• D) Long-term debt/Equity
• E) Equity/Total assets

Analyze the consequences of cultural biases and ethnocentrism on workplace communication.

Grasp the concept and application of 360-degree feedback in organizations.

Understand the elements and importance of constructive feedback.

Identify perceptual distortions including stereotyping, projection, halo effect, and selective perception.

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Definitions:

Equipment

Durable assets used in the operation of a business, not intended for sale, that are used over time.

Journal Entry

A record in accounting that represents a transaction in the books of account, consisting of debits and credits.

Prepaid Rent

An asset account on the balance sheet representing rent payments made in advance of the rental period.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the appropriate periods.