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CHAPTER 14 - LONG-TERM LIABILITIES: BONG Previous Page 7 of 8 !! Next The times interest earned ratio is used for all of the following except a comparisons against the industry average for an individual company. b. comparisons between different companies. C. The times interest earned ratio is used for all of these. d. comparisons between years for an individual company. CHAPTER 14 - LONG-TERM LIABILITIES: BONDS AND NOTES Page 1 of 3 Next An installment note may be secured by a pledge of the borrower's assets. Such notes are called a. mortgage notes b. principal notes C short-term notes d. Interest-only notes