What is the purpose of an interest coverage ratio?

What will be an ideal response?


The purpose of an interest coverage ratio is to measure the number of times interest charges are covered by earnings.

Business

You might also like to view...

The two most widely used methods for determining the cost of inventory are

A) FIFO and LIFO B) FIFO and average C) LIFO and average D) gross profit and average

Business

The terms "team" and "group" are synonymous

Indicate whether the statement is true or false

Business

Which of the following is a motivation for foreign manufacturing:

a. reduced shipping costs b. reduced labor expenses c. reduced raw materials costs d. securing long-term contracts in another country e. all of the other specific choices are correct

Business

A security association is uniquely identified by three parameters: Security Protocol Identifier, IP Destination Address, and ________

What will be an ideal response?

Business