Question
In a recent year Pronghorn Corp had net income of $146000, interest expense of $27900, and income tax expense of $40500. What was Pronghorn Corp's
In a recent year Pronghorn Corp had net income of $146000, interest expense of $27900, and income tax expense of $40500. What was Pronghorn Corp's times interest earned (rounded) for the year?
6.23
7.68
5.23
6.68
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Millon Cornett
9th edition
1259717771, 1259717772, 9781260048186, 1260048187, 978-1259717772
