The Higher the Times Interest Earned Ratio, the Better the Creditors

question 122

True/False

The higher the times interest earned ratio, the better the creditors' protection.

---

Definitions:

Isolationist Tide

Refers to a period or sentiment where a nation or its people favor non-involvement in international agreements, wars, or alliances, preferring a focus on domestic issues.

Franklin Roosevelt

The 32nd President of the United States (1933-1945) who led the country through the Great Depression and World War II, known for his New Deal programs aimed at economic recovery and social reform.

League of Nations

An international organization established after World War I aimed at ensuring peace and cooperation among countries, the precursor to the United Nations.

Japanese Aggression

The expansionist policies and military actions of Japan, particularly in the first half of the 20th century.