Tree Frog Company Is Organized as a LLC and Does

question 169

Multiple Choice

Tree Frog Company is organized as a LLC and does not pay income taxes.The company has fixed interest expense of $5,750,sales of $253,000,and variable expenses of $189,750.What is the company's times interest earned ratio?

• A)44
• B)33
• C)11
• D)10
• E)$63,250

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Definitions:

Plasmodial Slime Molds

A type of slime mold consisting of a single, large cell with multiple nuclei, living as a free-flowing plasmodium during part of its life cycle.

Multinucleated Mass

A cell or a body of tissue containing multiple nuclei within a shared cytoplasm, often seen in certain types of muscle fibers and fungal hyphae.

Amoebozoan

A member of a group of protozoa that move and ingest food using pseudopods, characterized by their amoeboid movement.

Water Molds

Heterotrophic protists (stramenopiles) that grow as a mesh of nutrient-absorbing filaments.