The following data come from the financial records of Miho
The following data come from the financial records of Miho Corporation for 2014.
Sales ............ $1,600,000
Interest expense ....... 45,000
Income tax ......... 180,000
Net income ......... 495,000

Required
How many times was interest earned in 2014?

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help