Vaun's Pet Store Paid $16,950 in Interest and $21,300 in Dividends

question 50

Multiple Choice

Vaun's Pet Store paid $16,950 in interest and $21,300 in dividends last year.The times interest earned ratio is 3.8 and the depreciation expense is $84,200.What is the value of the cash coverage ratio?

• A)4.81 times
• B)6.22 times
• C)7.75 times
• D)8.77 times
• E)8.20 times

Understand the differences between Piaget and Vygotsky's theories regarding cognitive development.

Learn about the development and significance of theory of mind.

Recognize the importance and impact of language development in early childhood.

Understand different early childhood education models and their effects on children's development.

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Definitions:

Business Judgment Rule

A legal principle that protects company directors and officers when making business decisions that are informed and made in good faith.

Co-Determination

A practice where workers have a role in management of a company, often through participation in management boards or committees.

White Knight

A person or company making a favorable investment in or purchase of a company as a strategic defense against a hostile takeover.

Tender Offer

A public, open offer or invitation by a prospective acquirer to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a certain time.