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The times-interest-earned ratios of Benin, Inc. are 20.56 and 7.35 for 2016 and 2017, respectively. Which of the following can be the possible reason for
The times-interest-earned ratios of Benin, Inc. are 20.56 and 7.35 for 2016 and 2017, respectively. Which of the following can be the possible reason for such a change?
A.Benin, Inc. incurred more debt specifically in its revolving line of credit.
B.Benin, Inc. incurred less debt specifically in its revolving line of credit.
C.Benin, Inc. paid less interest in its revolving line of credit.
D.Benin, Inc.'s debt-paying ability increased.
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