Multiple Choice
Sharky's Loan Co.has an annual interest expense of $30,000.If Sharky's interest coverage ratio is 2.9,what is Sharky's Earnings Before Taxes (EBT) ?
A) $87,000
B) $57,000
C) $117,000
D) $60,000
Correct Answer:
Verified
Correct Answer:
Verified
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