Question: Selected income statement data follow for Harley Davidson, Inc., for the year ended December 31, 2010 (in thousands). What is the companys times interest earned

Selected income statement data follow for Harley Davidson, Inc., for the year ended December 31, 2010 (in thousands). What is the companys times interest earned ratio?

Income before provision for income taxes

Interest expense

Statutory

tax rate

Provision for income taxes

Net income

$390,469

$90,357

36%

$130,800

$146,545

Choose from list below:

1.6

2.8

5.3

4.3

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!