Business
Business, 03.03.2020 06:13, ayoismeisalex

A company's interest expense is $9,000. Its income before interest expense and income taxes is $38,250. Its net income is $11,850. The company's times interest earned ratio equals:

(A) 0.235.
(B) 0.76.
(C) 3.23.
(D) 4.25.
(E) 0.31.

answer
Answers: 3

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A company's interest expense is $9,000. Its income before interest expense and income taxes is $38,2...

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