Below is information for year ended 12/31/10 for Company A and Company B. What are the times
Question:
What are the times interest earned ratio for Company A?
A) 2.5
B) 2.6
C) 4.0
D) 4.2
Transcribed Image Text:
CompanvA Company B S 1000 Operating Inc. before Taxes and Interest Interest Expense Total assets 12/31/10 Total debt Equity Tax Rate S 1000 400 10.000 5,000 5,000 40% 0.000 0.000 40%
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Related Book For
Financial Accounting The Impact on Decision Makers
ISBN: 978-1285182964
9th edition
Authors: Gary A. Porter, Curtis L. Norton
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