Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The times - interest - earned ratio helps to gauge how much cash will be available to the business to pay dividends, to pay the

The times-interest-earned ratio helps to gauge how much cash will be available to the business to pay dividends, to pay the principal on the loan and to reinvest in the business after paying the finance costs.
1) True
False
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Finance questions