The Following Information Is from the Financial Statements of Hayden

question 8

Multiple Choice

The following information is from the financial statements of Hayden Inc.: $\begin{array}{lr}\text { Net income } & \$ 450,000 \\\text { Income tax expense } & 250,000 \\\text { Interest expense } & 150,000 \\\text { Long-term debt } & 1,875,000\end{array}$
The times-interest-earned ratio for Hayden would be closest to:

• A)3 times
• B)4.7 times
• C)5.7 times
• D)8 times

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Definitions:

Unconditional Positive Regard

An attitude of total acceptance and support towards another person, irrespective of what they say or do.

Client-Centered Therapy

Client-centered therapy, developed by Carl Rogers, is a form of psychotherapy that emphasizes the importance of the patient's self-perception and encourages them to lead the therapy process.

Therapist Accepts

The principle of unconditional positive regard in psychotherapy, where the therapist accepts and supports the client regardless of what they say or do.

Behaviorism

A school of psychology that focuses on observable behaviors rather than on internal mental processes, emphasizing the role of environment and experience in shaping behavior.