Question: Here are some data for five companies in the same industry: Company A B C D E EBIT 10 30 100 -3 80 Interest Expense
Here are some data for five companies in the same industry:
| Company | A | B | C | D | E |
| EBIT | 10 | 30 | 100 | -3 | 80 |
| Interest Expense | 5 | 15 | 50 | 2 | 1 |
You have been asked to calculate a measure of times-interest-earned for the industry. Discuss the possible ways that you may calculate such a measure.
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