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Ford has a times-interest-earned ratio of 4.8 times, and Toyota has a times-interest-earned ratio of 5.3 times. What conclusions would Ford's chief financial officer arrive
Ford has a times-interest-earned ratio of 4.8 times, and Toyota has a times-interest-earned ratio of 5.3 times. What conclusions would Ford's chief financial officer arrive at looking at these numbers and Toyota's ratio? The times-interest-earned ratio is of no interest to lenders because the ratios are so close together. Ford is in a better position to pay interest than Toyota. None of these. A times-interest-earned ratio of 4.8 times is better than a times-interest-earned ratio of 5.3 times. Toyota is in a better position to cover its interest costs than Ford. Question 14 3 pts Which of the following is a debt-coverage ratio? earnings per share inventory turnover return on equity none of these O times interest-earned
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