A company's income before interest expense and income taxes is $125,000 and its interest expense is $55,000. Its times interest earned ratio is:
A. 0.44
B. 0.83
C. 2.27
D. 1.83
E. 1.00
Answer: C
You might also like to view...
A gun manufacturer in Helena, Montana agrees to sell guns and ammunition to the ATF in Washington, D.C. The terms of the contract specify that the goods are to be shipped "FOB, Chicago." When does the buyer acquire title and risk of loss?
a. When the goods reach Chicago. b. When the goods are delivered to the carrier in Montana. c. When the goods are tendered in Washington D.C. by the carrier. d. When the goods reach Washington D.C.
What is the significance of the Federal Acquisition Streamlining Act?
A. It mandates the process of delivering materials to a user at the time of production mandatory. B. It encourages the government to communicate with vendors with detailed paperwork rather than on-line. C. It makes it easier for small companies to bid on non-federal contracts. D. It urges government agencies to buy off-the-shelf goods rather than items made to its own specifications.
The chief financial officer usually has direct supervision of the treasurer and controller and indirect supervision of the payroll supervisor.
Answer the following statement true (T) or false (F)
Briefly describe the basic process for using OptQuest in Crystal Ball
What will be an ideal response?