For the year just ended the entity has times-interest-earned of:

• A.3.375 times
• B.6.75 times
• C.7.75 times
• D.9.5 times

Correct Answer: C

The TIE ratio is a leverage ratio_ It emphasizes the ability to pay interest expense. The ratio equals profit before interest and taxes divided by interest

RST Corporation's Income Statement for Year 5 and Year 6


The market value of RST's ordinary stock at the end of Year 6 was US $100.00 per share.

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When evaluating projects breakeven time is best described as:

• A.Annual fixed costs - monthly contribution margin.
• B.Project investment - annual net cash inflows.
• C.The point where cumulative cash inflows on a project equal total cash outflows.
• D.The point at which discounted cumulative cash inflows on a project equal discounted total cash outflows.

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Which of the following statements. Is most accurate concerning the management and audit of a web server?

• A.The simple mail transfer protocol (SMTP) should be operating under the most privileged accounts.
• B.Secure protocols for confidential pages should be used instead of dear-text protocols such as HTTP or FTP.
• C.The file transfer protocol (FTP) should always be enabled.
• D.The number of ports and protocols allowed to access the web server should be maximized.

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The network diagram and the corresponding activity cost chart for a manufacturing project at Networks, Inc., are presented below. The numbers in the diagram are the expected times (in days) to perform each activity in the project.

The expected time of the critical path is:

• A.12.0 days
• B.13.0 days
• C.11.5 days
• D.11.0 days

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Refer to the exhibit.

The figure below shows the network diagram for the activities of a large project. What is the shortest number of days in which the project can be completed?

• A.27 days.
• B.51 days.
• C.21 days.
• D.22 days.

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