What would the times interest earned ratio be for company


If a company had net income of $2,379,600, interest expense of 234,000, a tax rate of 40%, and operating income of 4,200,000, what would the times interest earned ratio be for the company?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What would the times interest earned ratio be for company
Reference No:- TGS0716383

Expected delivery within 24 Hours