FREE Trial

Is times interest earned meaningful for utilities? Why or why not?

Question:

Is times interest earned meaningful for utilities? Why or why not?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Answer rating: 66% (9 reviews)

Yes the times interest earned ratio is meaningful for utilities since they have such a heavy use …View the full answer


answer-question
Answered By
tutor-profile-image
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript. In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science. I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+ 3+ Reviews 14+ Question Solved
Related Book For  answer-question
Financial Reporting and Analysis Using Financial Accounting Information

Financial Reporting and Analysis Using Financial Accounting Information

ISBN: 978-1439080603

12th Edition

Authors: Charles H Gibson

See More Books
Question Details
Chapter # 12
Section: Questions
Problem: 25
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: February 01, 2013 07:20:43
See More Questions

Students also viewed these Accounting questions

Q:
Is limited liability a meaningful concept? Why or why not? And if so, for whom?
A:
Limited liability is most meaningful to investors who own stock in firms they don t......
Q:
Why is it often difficult to obtain competent and meaningful user involvement in the SDLC?
A:
Yes it is difficult to obtain competent and meaningful......
Q:
Why do lessons learned programs often fail to capture meaningful information that could help guide future projects?
A:
Lessons learned programs are aimed at documenting problems from past projects to be......
Q:
An employee earns $24 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 43 hours during the week. Assume that the FICA tax rate is 7.5%...
A:
a Regular pay 40 hrs 24 960 00 Over......
Q:
On a camping trip, you find one male snail on a deserted island that coils to the right. However, in this same area, you find several shells (not containing living snails) that coil to the left....
A:
We assume that the snails in the large colony on the second island are true breeding DD Let th......
Q:
The amounts of a chemical compound y, which dissolved in 100 grams of water at various temperatures, .r, were recorded as follows:(a) Find the equation of the regression line.(b) Graph the line on a...
A:
a x 675 Y 488 x 37 125 ay 25 005 n 18 Therefore 2 2 b a 18 2......
Q:
Show how ethyl 2-butenoate can be used as a starting material to prepare (a) Ethyl butanoate and (b) 2-buten-1-ol.
A:
a b CHCH CHCOEt ethyl 2 buten......
Q:
Refer to the bond details in Problem 10-2A, Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2016, that pay interest semiannually on June 30 and December 31. The bonds are issued at a...
A:
Part 1 2016 Jan 1 Cash 4 895 980 Premium on Bonds Payable 895 980 Bonds Payable 4 000 000 Sold bonds......
Q:
What is risk management meaning nature and scope? Explain
A:
Risk management refers to the process of identifying assessing and prioritizing risks in order to develop strategies to mitigate or control them It is......
Q:
Suppose Melody owns a business giving piano lessons. Assume that the market for piano lessons is perfectly competitive and that the equilibrium price of a piano lesson is $20. Melodys total costs...
A:
Number of lessons per day Total cost per day TR FC VC......
Q:
What does the funded debt to operating property ratio measure for a utility?
A:
Funded debt to operating property is a type of debt......
Q:
For regulated utilities, are current liabilities usually presented first in utility reporting? Comment.
A:
No current liabilities don t usually presented first in u......
Q:
On September 1, Sarah Dodd opened Tailor Made Tutoring Service. INSTRUCTIONS Analyze the following transactions. Use the fundamental accounting equation form to record the changes in property, claims...
A:
Assets Liabilities Owner s Equity Cash Accounts Receivable Supplies Equipme......
Q:
From the figure shown below chose the best .power coefficient (Cp) for Lambda (A= 6) Schmitz power coefficient 0.6 0.55 0.5 0.45 0.4 0.35 0.3 0.25 02 0.15 0.1 0.05 0 0 1 2 8 9 10 Tip Speed ratio, TSR...
A:
The detailed answer for the above question is provided below The given graph shows the relation betw......
Q:
Imagine company XYZ manufacturers some electronics parts for Tesla. The sales have been increasing in the last 3 months, but Tesla is asking to cut its sales price to Tesla. The company XYZ has seen...
A:
Answer To calculate the rate of learning at the end of period 3 we need to determine the cost reduction per unit for every doubling of cumulative production The rate of learning is typically expressed......
Q:
You are the Global Marketing Manager for East End in the UK. Your task is to design a Marketing Plan for East End for entry in the Canadian market (Toronto). Do an Environmental Analysis for the...
A:
1 How would you segment the market Demographics Age gender family life cycle income Geography Region GTA vs outside GTA neighborhood area within city Psychographics Lifestyle activities interests opin......
Q:
Create basic framework for your client using the completed ASI (I will provide the ASI document for students in class to complete). complete the following steps: Tell client's name and the...
A:
Certainly let s create a basic framework for a client using the completed Addiction Severity Index A......
Q:
Research a woman who has managed to position herself as a general manager or high-ranking executive in a real company today, recognized nationally or internationally, and explain how she has managed...
A:
Mary Barra is General Motors GM chairman and CEO Role Mary Barra has been the Chairman and CEO of General Motors GM a well known car manufacturer arou......
Q:
Compute the divergence and curl of the following vector fields. State whether the field is source free or irrotational. F = (2xy + z4, x, 4xz)
A:
To compute the divergence and curl of the vector field F 2xy z 4 x 2 4xz 3 we can use the......
Q:
Wilsons Auto Repair ended 2011 with Accounts Receivable of $85,000 and a credit balance in Allowance for Uncollectible Accounts balance of $11,000. During 2012, Wilsons Auto Repair had the following...
A:
Journal DATE ACCOUNTS AND EXPLANATIONS POST REF Dr Cr a Accounts receivable 545 000 Servi......
Q:
In 2002, the Sarbanes-Oxley Act was passed in the United States to strengthen the capital market- place. In the following year, there were many debates in Canada about whether the securities...
A:
a The Sarbanes Oxley Act was enacted in 2002 as a legislative response to the recent corporate bankruptcies and accounting failures Enron Worldcom Arthur Andersen The Act increased government regulati......
Q:
Find the FASB website and locate the Update Report to the FSB Plenary on Accounting Convergence that was issued in 2012. Convergence between the standards in the United States and IFRS is an ongoing...
A:
a The Update Report discusses two main reasons for the need for changes to revenue recognition standards The first reason is that U S GAAP includes industry specific guidance that can be inconsistent......
Q:
What follows is part of the testimony from Troy Normand in the WorldCom case. He was a manager in the corporate reporting department and is one of five individuals who pleaded guilty. He testified in...
A:
a The ethical issues that appear in this case are as follows Troy Normand proceeded to make an entry......
Accounting In Small Business Decisions 1st Edition - ISBN: 0813152798 - Free Book