Multiple Choice
Trident Corp., has debt of $3.35 million with an interest rate of 6.875 percent. The company has an EBIT of $2,766,009. What is its times-interest-earned ratio? Round your final answer to nearest number.
A) 13 times
B) 12 times
C) 11 times
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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