Question: Exercise 9-19 (Algo) Computing and interpreting times interest earned LO A1 Exercise 9-19 (Algo) Computing and interpreting times interest earned LO A1 Use the following
Exercise 9-19 (Algo) Computing and interpreting times interest earned LO A1
Exercise 9-19 (Algo) Computing and interpreting times interest earned LO A1 Use the following information from separate companies a through d. a. b. c. d. Net Income (Loss) $167,000 161,600 141,950 170,100 Interest Expense $78,490 21,008 56,780 8,505 Income Taxes $41,750 58,176 59,619 81,648 Compute times interest earned. Which company indicates the strongest ability to pay interest expense as it comes due? Complete this question by entering your answers in the tabs below. Times Interest Earned Ratio Interest Coverage Compute times interest earned. Times Interest Earned Ratio Company Choose Numerator: Choose Denominator: = Ratio Income before interest & taxes | Interest expense = a 1 = 0 times b 1 0 times / 0 times d 1 = 0 times
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