Question
A company had interest expense of $7,200, income before interest expense and income taxes of $18,800, and net income of $9,200. The company's times interest
A company had interest expense of $7,200, income before interest expense and income taxes of $18,800, and net income of $9,200. The company's times interest earned ratio equals:
-
2.61.
-
0.78.
-
1.28.
-
2.04.
-
0.38.
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
5th edition
978-1259728877, 1259728870, 978-1259565403
