In 2014, P Co Reported Net Earnings of $1,933 Million

question 154

Multiple Choice

In 2014, P Co reported net earnings of $1,933 million, interest expense of $395 million and income taxes of $270 million. In 2013, they reported net earnings of $2,142 million, interest expense of $478 million and income taxes of $818 million. Calculate the times interest earned ratio for 2014 and 2013, respectively.

• A) 6.05 and 5.48 times
• B) 5.05 and 4.48 times
• C) 5.73 and 6.19 times
• D) 6.58 and 7.19 times

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Definitions:

Cystocele

A condition where the bladder herniates into the vaginal wall due to weakness in the pelvic floor muscles.

-pnea

is a suffix related to breathing, used in terms to describe different types of breathing patterns or conditions.

Prefix

In grammar, an affix placed before a word, base, or another prefix to modify a term's meaning.

Suffix

An affix placed at the end of a word to alter its meaning, often indicating tense, plurality, or part of speech in linguistics, or used to denote specificity in scientific terms.