Multiple Choice
-Kamal Company's times interest earned ratio for 2017:
A) Decreased slightly, which indicates the company has about the same ability to pay interest on its debt.
B) Indicates the company cannot meet its current year interest payments out of current year earnings.
C) Increased, which indicates the company's creditors will be pleased.
D) Shows an increase in the company's ability to make its interest payments.
Correct Answer:
Verified
Correct Answer:
Verified
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