Exercise 9-14 Computing and interpreting times interest earned LO A1

Use the following information from separate companies a through f:

	Net Income (Loss)			Interest Expense			Income Taxes
a.	$	163,000		$	55,420		$	40,750
b.		157,600			36,248			56,736
c.		166,100			8,305			79,728
d.		138,550			33,252			58,191
e.		105,950			22,250			40,261
f.		(45,640	)		97,213			0

Times Interest Earned Ratio
Company	Choose Numerator:	/	Choose Denominator:	=	Ratio
		/		=
a		/		=	0	times
b		/		=	0	times
c		/		=	0	times
d		/		=	0	times
e		/		=	0	times
f		/		=	0	times