In a recent year hill corporation had net income of 140000


Question - In a recent year Hill Corporation had net income of $140,000, interest expense of $40,000, and tax expense of $20,000. What was Hill Corporation's times interest earned ratio for the year?

a. 5.00

b. 4.00

c. 3.50

d. 3.00

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Accounting Basics: In a recent year hill corporation had net income of 140000
Reference No:- TGS02580397

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