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Selected income statement data follow for Harper Inc., for the year ended December 31 (in thousands). What is the companys times interest earned ratio? Income
Selected income statement data follow for Harper Inc., for the year ended December 31 (in thousands). What is the companys times interest earned ratio?
Income before provision | Interest | Statutory | Provision for | Net |
---|---|---|---|---|
for income taxes | expense | tax rate | income taxes | income |
$1,023,911 | $29,670 | 0.37 | $331,747 | $692,164 |
Select one:
a. None of these are correct.
b. 35.5
c. 34.5
d. 24.3
e. 11.2
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