The net income of a company for the year just ended is $230,000 . Income tax is $80,500 and interest expense is $20,000 . The number of times interest was earned would be
a. 0.05.
b. 10.5.
c. 11.5.
d. 16.5.
d
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Multinational companies have the burden of ensuring that their information systems conform to laws, cultures, standards, and other elements that are specific to countries or regions.
Answer the following statement true (T) or false (F)
When a partner withdraws from the partnership, the partnership dissolves
Indicate whether the statement is true or false
A firm adopting an intensive distribution strategy to sell its products would do so through a(n)
________. A) luxury-oriented retailer B) supermarket C) company-owned outlet D) franchise store
Which of the following is included in comprehensive income?
A) Owners' investments B) Purchase of capital assets C) Preferred dividends D) Deferred gains or losses from derivatives