Question: What ration would a bank be interested to increase certainty of being paid interest and principal through the term of the loan? A). Times interest
What ration would a bank be interested to increase certainty of being paid interest and principal through the term of the loan?
A). Times interest earned
B). Quick ratio
C). Return on sales/net profit margin
D). Current ratio
Step by Step Solution
★★★★★
3.44 Rating (163 Votes )
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
A is the correct answer Times interset earned The interest coverage ratio i... View full answer
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
