The Income Before Taxes and Interest Expense of Barry Builders

question 27

Multiple Choice

The income before taxes and interest expense of Barry Builders for the year just ended is $210,000.Their interest expense is $20,000 and their income taxes are $80,500.The number of times interest would be earned is:

• A)22.0.
• B)10.5.
• C)11.5.
• D)0)5.

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