In a recent year Pina Colada Corp. had net income of $151000, interest expense of $28500, and
Fantastic news! We've Found the answer you've been seeking!
Question:
In a recent year Pina Colada Corp. had net income of $151000, interest expense of $28500, and income tax expense of $41300. What was Pina Colada Corp.s times interest earned (rounded) for the year?
5.30
6.75
7.75
6.30
Posted Date: