1. A company's interest expense is $19,000. Its income before interest expense and income taxes is...

Question

Question

1. A company's interest expense is $19,000. Its income before interest expense and income taxes is...

1. A company's interest expense is $19,000. Its income before interest expense and income taxes is $128,250. Its net income is $52,600. The company's times interest earned ratio equals:

Multiple Choice

2.44.
0.148.
6.75.
0.41.
0.36.

2.

A company's income before interest expense and income taxes is $100,000 and its interest expense is $50,000. Its times interest earned ratio is:

Multiple Choice

1.00
2.00
0.70
0.50
1.50

business accounting

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Answer 1

Answer #1


	times interest earned ratio
	income before interest and tax/interest expense


1)	128,250/19000
	6.75



2)	100,000/50000
	2

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Answer 2

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