Times interest earned ratio


A firm has net income of $11,000, interest of $480, cost of goods sold of $31,500, and depreciation of $900.

Required:

Question: What is the times interest earned ratio if the tax rate is 35%

  • 21.8
  • 27.3
  • 42.4
  • 36.3

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Finance Basics: Times interest earned ratio
Reference No:- TGS0879058

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