Question: Exercise 9-16 Computing and interpreting times interest earned LO A1 Use the following information from separate companies a through d : Net Income (Loss) Interest

Exercise 9-16 Computing and interpreting times interest earned LO A1

Use the following information from separate companies a through d:

Net Income (Loss) Interest Expense Income Taxes
a. $ 146,000 $ 55,480 $ 36,500
b. 140,600 37,962 50,616
c. 124,100 54,604 52,122
d. 149,100 8,946 71,568

Compute times interest earned. Which company indicates the strongest ability to pay interest expense as it comes due?

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