Cristo Company reported net income of ($50,000) after subtracting ($10,000) for interest expense and ($20,000) for taxes.

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Cristo Company reported net income of $$50,000$ after subtracting $$10,000$ for interest expense and $$20,000$ for taxes. Compute the company's times-interest-earned ratio:

a. 2.5

b. 5

c. 8

d. 3

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Financial Accounting For Undergraduates

ISBN: 9781618533081

4th Edition

Authors: Wallace

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Question Posted: May 17, 2024 09:01 AM

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Cristo Company reported net income of ($50,000) after subtracting ($10,000) for interest expense and ($20,000) for taxes.

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Financial Accounting For Undergraduates

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