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Aps Company Reported the Following on Its Income Statement

Question 118

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Aps Company reported the following on its income statement: Aps Company reported the following on its income statement:   An analysis of the income statement revealed that interest expense was $60,000. Aps Company's times interest earned was A)  6 times. B)  9 times. C)  8 times. D)  5 times. An analysis of the income statement revealed that interest expense was $60,000. Aps Company's times interest earned was


A) 6 times.
B) 9 times.
C) 8 times.
D) 5 times.

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