A company's fixed interest expense is $26,000, its income before interest expense and income taxes is $221,000. Its net income is $106,100. The company's times interest earned ratio equals:

8.5

Explanation:

The company interest expense is $26,000

The income tax is $221,000

The net income is $106,100

Therefore the company times interest earned ratio can be calculated as follows

= Income tax/interest expense

= 221,000/ 26,000

= 8.5

Hence the company times interest earned ratio is 8.5

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.