Multiple Choice
The income before taxes and interest expense of Barry Builders for the year just ended is $213,000. Their interest expense is $21,000 and their income taxes are $82,500. The number of times interest would be earned is: (Round your answer two decimal places.)
A) 15.07.
B) 10.14.
C) 11.14.
D) 0.49.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: The current ratio and quick ratio are
Q20: When net income before taxes and interest
Q21: The current ratio determines the ability of
Q22: A company has cash of $221,000; short-term
Q23: The gross profit rate is an example
Q25: The ratio that indicates the amount of
Q26: The liabilities of a company at the
Q27: A current ratio of 1.5 times would
Q28: In a common-size income statement, advertising expenses
Q29: If management wishes to evaluate the amount