Question
select and EXPLAIN Ajax Corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges $12,500. What was the firm's times-interest-earned
select and EXPLAIN
Ajax Corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges $12,500. What was the firm's times-interest-earned (TIE) ratio?
a. 4.72
b. 4.97
c. 5.23
d. 5.51
e. 5.80
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
5th Edition
0470251395, 978-0470251393
