Ratios:

Current Ratio: 3.6093

Quick Ratio: 2.1799

Times Interest Earned: 9.9143

ROE 16.48%

ROA 12.01%

Equity Multiplier 1.3714

Inventory Turnover 1.3489

There are a number of Coverage Ratios, one of which is the Times Interest Earned.Ratio. Which of the following statements are true with respect to the Times Interest Earned Ratio, which is defined as follows: Times Interest Earned = EBIT / Interest Expense

Select one:

a. A Times Interest Earned Ratio of 9.91 tells us that there is $9.91 of EBIT for each $1.00 of interest expense

b. The lower this ratio is, the less likely the company is to go bankrupt

c. Banks would prefer a lower rather than a higher Times Interest Earned Ratio

d. All of the above statements are true

Ratios: Current Ratio: 3.6093 Quick Ratio: 2.1799 Times Interest Earned: 9.9143 ROE 16.48% ROA 12.01% Equity Multiplier 1.3714 Inventory Turnover 1.3489 There are a number of Coverage Ratios, one of which is the Times Interest Earned.Ratio. Which of the following statements are true with respect to the Times Interest Earned Ratio, which is defined as follows: Times Interest Earned = EBIT / Interest Expense Select one: a. A Times Interest Earned Ratio of 9.91 tells us that there is $9.91 of EBIT for each $1.00 of interest expense b. The lower this ratio is, the less likely the company is to go bankrupt c. Banks would prefer a lower rather than a higher Times Interest Earned Ratio d. All of the above statements are true