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    Fundamental Accounting Principles Study Set 6
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    Exam 11: Current Liabilities and Payroll Accounting
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    A Company's Has Fixed Interest Expense of $52,000,income Taxes Expense
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A Company's Has Fixed Interest Expense of $52,000,income Taxes Expense

Question 143

Question 143

Multiple Choice

A company's has fixed interest expense of $52,000,income taxes expense of $121,000,and net income of $281,000.The company's times interest earned ratio equals:


A) 8.73.
B) 5.40.
C) 7.73.
D) 2.33.
E) 0.11.

Correct Answer:

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