Question: Recent financial statement data for Bethell Foods Incorporated is shown below: Current liabilities 10% Bonds, long-term Total liabilities Stockholders' equity Common stock Retained earnings
Recent financial statement data for Bethell Foods Incorporated is shown below: Current liabilities 10% Bonds, long-term Total liabilities Stockholders' equity Common stock Retained earnings Total stockholders' equity Total liabilities and equity $ 186 350 Income before interest and taxes Interest expense 536 Income before income tax expense Income tax expense 222 Net income 294 516 $1,052 What is the times interest earned ratio? (Round your answer to two decimal places.) Multiple Choice 10.00 414 3.29 514 $180 $115 |
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