Question
Calculate the times-interest-earned ratio. Round your answer one decimal place. Cost of goods sold $19,250,000 Gross margin $32,100,000 Operating expenses $6,200,000 Operating income $25,900,000 Interest
Calculate the times-interest-earned ratio. Round your answer one decimal place.
Cost of goods sold $19,250,000
Gross margin $32,100,000
Operating expenses $6,200,000
Operating income $25,900,000
Interest expense $9,500,000
Income before taxes $16,400,000
Income taxes $6,560,000
Net income $9,840,000
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Contemporary Environmental Accounting Issues Concepts And Practice
Authors: Stefan Schaltegger, Roger Burritt
1st Edition
1874719349, 9781874719342
