What is the formula for the times interest earned ratio? a. Net income / interest expense b.
Question:
What is the formula for the times interest earned ratio?
a. Net income / interest expense
b. Earnings before interest and taxes / interest expense
c. Interest expense / earnings before interest and taxes
d. Earnings before interest and taxes – interest expense
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The correct answer is b Earnings before interest and taxes interest expense The times interest earne...View the full answer
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