Question
Selected income statement data of Harley Davidson , Inc. for the current year (in thousands) is in below. What is the companys Times Interest Earned
Selected income statement data of Harley Davidson, Inc. for the current year (in thousands) is in below. What is the companys Times Interest Earned ratio?
| Income before income taxes | Interest expense |
Tax rate | Income taxes | Net income |
| $1,114,305 | $45,256 | 37% | $380,312 | $733,993 |
| 16.2 |
| 1.6 |
| 17.2 |
| 25.6 |
| None of these answers is correct. |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Accounting Preparing Financial Statements Study Text
Authors: Kaplan
1st Edition
9781839965685
