Multiple Choice
The income before taxes and interest expense of Barry Builders for the year just ended is $210,000.Their interest expense is $20,000 and their income taxes are $80,500.The number of times interest would be earned is:
A) 22.0.
B) 10.5.
C) 11.5.
D) 0) 5.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: Noble Company's accounts receivable turnover was 24.6
Q23: The lower the times interest earned ratio,the
Q24: Statements that are often used to compare
Q26: A statement presenting data from two or
Q28: If the average collection period is 35
Q29: Net income was $60,000 in Year 1
Q30: Using just a base year and one
Q31: If current assets are $60,000 and current
Q32: The reasons for changes in key ratios
Q33: An acid test (quick) ratio of 0.75