Mathematics
Mathematics, 19.03.2020 02:55, kayleigh8892

A firm has total interest expense of 10,000, sales of $1 million, a tax rate of 40%, and net income (after taxes) of $60,000. What is this firm's times interest earned ratio?

A. 16 times B. 10 times C. 11 times D. 7 times

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Answers: 2

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A firm has total interest expense of 10,000, sales of $1 million, a tax rate of 40%, and net income...

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