Business, 07.03.2020 05:45 LindaCat78
A company's interest expense is $15,000. Its income before interest expense and income taxes is $86,250. Its net income is $31,900. The company's times interest earned ratio equals:
a. 0.47.
b. 5.75.
c. 0.37.
d. 0.17.
e. 2.70.
Answers: 1
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A company's interest expense is $15,000. Its income before interest expense and income taxes is $86,...
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