Multiple Choice
A firm has net income of $5,890 and interest expense of $2,130. The tax rate is 34 percent. What is the firm's times interest earned ratio?
A) 4.82
B) 5.19
C) 5.38
D) 5.67
E) 6.33
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q25: New Century Products is a company that
Q54: A firm has sales of $428,000 for
Q54: A firm has net income of $114,000,a
Q57: Foreign Travel Services has net income of
Q60: The Global Network has sales of $418,700,
Q61: The Medicine Cabinet has a return on
Q65: Freedom Health Centers has total equity of
Q83: Baxter & Baxter has total assets of
Q84: Mercier United has net income of $128,470.There
Q99: All else constant,which one of the following