Multiple Choice
If the times interest earned ratio:
A) Is greater than 1.5, the company is in default.
B) Increases, then risk decreases.
C) Is greater than 3.0, the company is likely carrying too much debt.
D) Increases, then risk increases.
E) Is less than 1.5, the company is carrying too little debt.
Correct Answer:
Verified
Correct Answer:
Verified
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