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Hsu Company Reported the Following on Its Income Statement

Question 162

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Hsu Company reported the following on its income statement: Hsu Company reported the following on its income statement:   An analysis of the income statement revealed that interest expense was $80,000. Hsu Company's times interest earned was A)  8 times. B)  6.25 times. C)  5.25 times. D)  5 times. An analysis of the income statement revealed that interest expense was $80,000. Hsu Company's times interest earned was


A) 8 times.
B) 6.25 times.
C) 5.25 times.
D) 5 times.

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