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H3Ko H3Ko
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7 years ago
The times-interest-earned ratio is calculated as ________.
A) income tax expense plus interest expense divided by interest expense
B) earnings before interest and tax divided by interest expense
C) net income divided by interest expense
D) profit before tax divided by interest expense
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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7 years ago
I'm liking this Slight Smile
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