-Times Interest Earned for Megaframe Computer Is:
A) 2x

question 11

Multiple Choice

$\begin{array}{l}\text { LIABILITIES AND SHAREHOLDERS' EQUITY }\\\begin{array} { l r } \text { Accounts payable } & \$ 60,000 \\\text { Accrued expenses } & 40,000 \\\text { Long-term debt } & 130,000 \\\text { Common stock } & 80,000 \\\text { Retained earnings } & \underline { 100,000 } \\\text { Total Liabilities and Shareholders' Equity } & \underline { \$ 410,000 }\end{array}\end{array}$

-Times interest earned for Megaframe Computer is:

• A) 2x.
• B) 5x.
• C) 4x.
• D) 10x.

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Definitions:

Additional Slice

Generally refers to an extra portion or piece of something, often used metaphorically to describe an additional amount or increment of a resource or benefit.

Marginal Utility

The extra pleasure or benefit gained from the consumption of an additional unit of a product or service.

Total Utility

The overall satisfaction or benefit received by consuming a particular quantity of goods or services.

Marginal Utility

The change in satisfaction or utility gained by consuming an additional unit of a good or service.