Multiple Choice
TLR Productions reported Interest expense of $8,300,Income tax expense of $26,400 and Net income of $88,700.TLR's interest coverage ratio is (rounded to three decimals) :
A) 13.867.
B) 14.867.
C) 0) 072.
D) 0) 067.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q38: The maximum tax credit an employer can
Q40: The Discount on Bonds Payable account is
Q66: The debt ratio is an indicator of
Q72: Which of the following would NOT be
Q91: The amount that a borrower must pay
Q92: A contingent liability arises because of a
Q98: During the month,TNT Construction paid $278 to
Q102: Bonds payable are supported by a promissory
Q103: A $400,000 issue of bonds that sold
Q163: A good internal control for payroll is