In the Recent Year Hill Corporation Had Net Income of $210,000

question 14

Multiple Choice

In the recent year Hill Corporation had net income of $210,000, interest expense of $60,000, and tax expense of $90,000. What was Hill Corporation's times interest earned ratio for the year?

• A) 6.0
• B) 5.0
• C) 4.5
• D) 3.5

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