In a Recent Year Joey Corporation Had Net Income of $150,000

question 228

Multiple Choice

In a recent year Joey Corporation had net income of $150,000, interest expense of $40,000, and tax expense of $20,000. What was Joey Corporation's times interest earned for the year?

• A) 5.25
• B) 4.75
• C) 3.75
• D) 4.25

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Definitions:

CD4 Count

A measure of the number of CD4 T cells in a cubic millimeter of blood, used as an indicator of immune function in individuals, particularly those with HIV.

HIV Tests

Medical tests used to determine if an individual has been infected with the Human Immunodeficiency Virus (HIV), which can lead to AIDS if untreated.

Negative Test Result

An outcome of a medical test indicating the absence of a particular condition or substance being tested for.

AIDS Affected

Individuals or communities that are impacted by Acquired Immunodeficiency Syndrome, a chronic, potentially life-threatening condition caused by the Human Immunodeficiency Virus (HIV).