Multiple Choice
The times interest earned ratio is calculated by dividing
A) profit by interest expense.
B) profit plus income tax expense by interest expense.
C) profit plus interest expense by interest expense.
D) profit plus interest expense plus income tax expense by interest expense.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: When bonds are issued at a premium,
Q64: A financial liability means there is a
Q75: Interest rates on notes and loans are
Q76: The debt to total assets ratio measures
Q78: Most notes and bank loans are not
Q81: If a bond has a face value
Q82: Current liabilities are generally presented on the
Q85: If any portion of a non-current liability
Q92: While short-term notes are generally repayable in
Q113: The classification of a liability as current