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What is the times interest earned for the following financial statement? Year 20XX Sales (Revenues) $119,299 Costs and Expenses: Cost of Goods Sold 93,438 Operating,
What is the times interest earned for the following financial statement?
Year 20XX Sales
(Revenues) $119,299
Costs and Expenses:
Cost of Goods Sold 93,438
Operating, selling and admin expenses 9,358
Interest Costs:
Debt 555
Capital leases 229
Total Costs and Expenses 103,580
Income Before Income Taxes 15,719
Taxes 4,716
Net Income $11,003 ______________________________________________________________________________
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