0
If your company has 1150000 in cash how long would it take to accumulate 2000000 in cash at an interest rate of 5 percent?
Wiki User
∙ 9y ago
Accumulate time = 200000 / 1150000
Accumulate time = 0.1739
Now this factor should need to be check in future value log for period of 5 years to find out the exact time.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoAccumulate time = 200000 / 1150000
Accumulate time = 0.1739
Now this factor should need to be check in future value log for period of 5 years to find out the exact time.
Add your answer:
Earn +20 pts
What is interest coverage ratio?
This ratio is used to determine how easily a company can repay the interest outstanding on its debt commitments. The lower the ratio, the more the company is burdened by debt commitments. When a company's interest coverage ratio is 1.5 or lower, its ability to meet its interest expenses becomes questionable. An interest coverage ratio of < 1 indicates that the company is not generating sufficient revenue to satisfy its interest expenses. Formula:ICR = EBIT / Interest ExpensesEBIT - Earnings Before Interest and Taxes
What practices by a credit card company results in lower interest charges to the cardholder?
The card company allows a grace period before interest is accrued.
What is interest payable?
Interest payable is the interest the company pays on any loans, leases, hire purchases, debentures, etc. throughout the year.
Does an increase in interest payable increase or decrease cash flow?
Increase in interest payable increases the cash flow of company as payment is not cleared when due and which causes temporary increase in company's cash flow
How do you pass journal entry if company take t he loan from bank includes interest?
debit bank accountcredit loan from bankwhen interest incurreddebit interest on loancredit loan from bank
Micro Fish Company recognized 10000 of interest expense in 2007 The balance of the company's interest payable account decreased 2000 The amount of cash paid by the company for interest in 2007?
Company has paid 2000 cash for interest due to which interest payable reduced by 2000.
Who is the major shareholder of target?
Capital Research and Management Company...with a huge 14% interest in the company Capital Research and Management Company...with a huge 14% interest in the company
How is interest coverage used?
Interest coverages is basically a person or company's ability to pay back a loan and the interest on it. Interest coverage is used to see if a person or company is a good risk for a loan.
What is interest coverage ratio?
This ratio is used to determine how easily a company can repay the interest outstanding on its debt commitments. The lower the ratio, the more the company is burdened by debt commitments. When a company's interest coverage ratio is 1.5 or lower, its ability to meet its interest expenses becomes questionable. An interest coverage ratio of < 1 indicates that the company is not generating sufficient revenue to satisfy its interest expenses. Formula:ICR = EBIT / Interest ExpensesEBIT - Earnings Before Interest and Taxes
How does an investor get ownership interest in a company?
by purchasing shares in the company
How do you answer the questions what interest you in a company?
well
How Interest Rates can Affect a company?
interest rates reflect the funding cost. for the the company the higher the rates the higher the borrowing cost.
What you can expect from company?
IF you mean from a company, then self interest is its sole objective.
A company's fixed interest expense is 8000 its income before interest expense and income taxes is 32000 Its net income is 9600 The company's times interest earned ratio is?
Formula for times interest earned = earning before interest and tax / interest expense Times interest earned = 32000 / 8000 = 4 times
If you own a 60 percent interest in a company what is that considered?
A controlling interest or majority shareholder.
What practices by a credit card company results in lower interest charges to the cardholder?
The card company allows a grace period before interest is accrued.
Are you willing to put the interest of the company ahead of your own?
yes, because it will make me better and it will be the benefits and loyalty to my company. i am willing to put my interest as a part of my dedications on it.
