Rio Imports Information from the Financial Statements Are Provided Below

question 57

Multiple Choice

Rio Imports Information from the financial statements are provided below:
$\begin{array}{lll} & \underline { 2015 } & \underline { 2014 }\\\text { Current Liabilities } &\$ 460,000 & \$ 320,000 \\\text { Long-Term Liabilities } &240,000 & 640,000 \\\text { Stockholders' Equity } &840,000 & 1,080,000 \\\text { Net Cash Flows from Operating Activities } &160,000 & 102,000 \\\text { Interest and Principal Payments } &24,000 & 16,000 \\\text { Net Sales } &950,000 & 900,000 \\\text { Net Income } &180,000 & 144,000 \\\text { Interest Expense} &17,000 & 23,000 \\\text { Income Taxes } &32,000 & 29,000 \\\text { Dividends Paid to Common Stockholders } &30,000 & 60,000\end{array}$
-Refer to Rio Imports.The times interest earned ratio for 2015

• A)increased,which indicates that the company's creditors will be pleased.
• B)decreased,which indicates that the company has less cash to pay interest on its debt.
• C)indicates a decline in the company's ability to pay its liabilities when they come due.
• D)indicates that the company cannot meet its current year interest payments out of current year earnings.

Identify the correct preposition to use with specific fixed expressions.

Recognize and apply the correct prepositions for time expressions.

Distinguish between similar prepositions and use them correctly in sentences.

Apply knowledge of prepositions to understand historical information.

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Definitions:

Ophthalmoscope

A medical instrument used by healthcare professionals to examine the interior structures of the eye, including the retina and optic nerve.

Astigmatism

A common vision condition caused by an imperfection in the curvature of the eye's cornea or lens, leading to blurred or distorted vision.

Nearsighted

A common vision condition where close objects appear clearly, but distant ones are blurry, also known as myopia.

Auscultate

The act of listening to the internal sounds of the body, typically using a stethoscope, as part of a medical examination.