The times-interest-earned ratio is calculated by which of the following?
A. Earnings before interest and taxes divided by interest expense.
B. Total assets divided by interest expense.
C. Net income divided by interest expense.
D. None of these answer choices are correct.
Answer: A
You might also like to view...
Describe the target audience-centered approach to marketing management
What will be an ideal response?
The Foreign Corrupt Practices Act (FCPA) allows remuneration to lower-level foreign officials to expedite the handling of goods
Indicate whether the statement is true or false
Which advice about analyzing the audience reaction is correct?
A) Regardless of the anticipated reader reaction, use the indirect approach. B) If the reader is likely to oppose your ideas, supply additional evidence and supporting facts. C) If the reader is likely to have a positive reaction, use little jargon and strong persuasion. D) If you expect the reader to react negatively to you, prove that your colleagues strongly agree with you. E) If you anticipate a neutral reaction, open your message with your strongest point.
With regard to the adoption process,
A. decision follows confirmation. B. awareness follows interest. C. interest is the first step. D. evaluation precedes trial. E. decision is the final step.