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Martinez Company reported the following amounts on its 2025 income statement: View the amounts. Year Ended December 31, 2025 Net income $27,800 Income tax expense
Martinez Company reported the following amounts on its 2025
income statement:
View the amounts.
Year Ended December 31, 2025 | |
Net income | $27,800 |
Income tax expense | 6,280 |
Interest expense | 1,200 |
What is Martinez Company's times-interest-earned ratio for 2025?
(Round your answer to two decimals.)
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Select the formula and enter the amounts to compute the times-interest-earned ratio. (Round your answer to two decimal places, X.XX.)
( | + | + | ) | = | Times-interest- earned ratio | ||||
( | + | + | ) | = |
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