Multiple Choice
Company X has net sales revenue of $436,000,cost of goods sold of $343,000,and all other expenses of $157,000,if interest expense is $16,000 and income tax expense is zero,the times interest earned ratio is:
A) -3.0
B) +5.0
C) +6.8
D) -4.8
Correct Answer:
Verified
Correct Answer:
Verified
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