Which of the following statements about the times-interest-earned ratio is true?
A) A lower ratio indicates a higher debt paying ability.
B) Debt reduction leads to an increase in interest expense.
C) The times-interest-earned ratio is also called the interest-coverage ratio.
D) The times-interest-earned ratio is calculated by dividing gross income by interest expense.
C
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Technological advances can usher in a whole new set of competitors that can change a firm's business model
Indicate whether the statement is true or false a. True b. False
Cameron Corp Cameron Corp has the following product information: Sales price $20 per unit Contribution margin ratio 35% Fixed costs $59,500 Refer to the Cameron Corp information above. What is the break-even point in sales dollars?
A) $20,825 B) $59,500 C) $170,000 D) $416,500
Zuboff’s concept by which organizational elites consolidate various sources of electronic information about organizational members is known as ___________.
a. Information age b. Information panopticon c. Hard domination d. Managerial control
Which of the following statements about term insurance is true?
A) The coverage is appropriate if the goal is permanent lifetime protection. B) Most policies can be renewed for additional periods without evidence of insurability. C) Premiums increase at a constant rate each time the policy is renewed. D) Most policies have a cash value that is refunded when coverage ceases.