Question
From the following partial financial statement information, calculate the companys interest coverage ratio. Total Assets $565,869 Total Liabilities $377,806 Sales $317,885 Operating Income $165,444 Earnings
From the following partial financial statement information, calculate the companys interest coverage ratio.
Total Assets $565,869
Total Liabilities $377,806
Sales $317,885
Operating Income $165,444
Earnings before taxes $72,686
Interest Expense $26,955
Net Income $34,993
Show your work.
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BondsA Concise Guide For Investors
Authors: M. Choudhry
2nd Edition
0230006493, 9780230006492
