Q 17 and 20

The income statement of Small Town, Inc. is as shown below: A. 41.89% B. 60.81% C. 39.19% D. 28.38% What kind of information does a company's times - interest - earned ratio provide? A. How much profit is generated by each share of stock B. What proportion of the company's debts are long - term liabilities C. What proportion of the company's assets are financed by debt, as opposed to equity D. How well a company is positioned to pay interest expense on its debt