Solved

Tree Frog Company Is Organized as a LLC and Does

Question 169

Multiple Choice

Tree Frog Company is organized as a LLC and does not pay income taxes.The company has fixed interest expense of $5,750,sales of $253,000,and variable expenses of $189,750.What is the company's times interest earned ratio?


A) 44
B) 33
C) 11
D) 10
E) $63,250

Correct Answer:

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