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A firm's Annual Sales are $43,291,000, Taxes are $3,498,000, Selling General and Administrative Expenses are $2,548,900, Interest expense is $1,000,000 and Cost of Goods Sold
A firm's Annual Sales are $43,291,000, Taxes are $3,498,000, Selling General and Administrative Expenses are $2,548,900, Interest expense is $1,000,000 and Cost of Goods Sold is $34,200,000. What is the firm's times interest earned ratio? (Round to two decimal places) Multiple Choice O 3.04 () 2.04 1.87 O 6.54 O
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