When can the times interest earned ratio be misleading? (a) When net profit is negative. (b) When
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When can the times interest earned ratio be misleading?
(a) When net profit is negative.
(b) When interest rates are changing.
(c) When a company does not generate enough cash to cover interest payments.
(d) When the times interest earned ratio is below 1.0.
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Related Book For 
Understanding Financial Statements
ISBN: 9780138114404
12th Edition
Authors: Lyn Fraser, Aileen Ormiston
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