In a Recent Year Hart Corporation Had Net Income of $125,000

question 96

Multiple Choice

In a recent year Hart Corporation had net income of $125,000, interest expense of $30,000, and tax expense of $40,000. What was Hart Corporation's times interest earned for the year?

• A) 6.50
• B) 4.17
• C) 5.17
• D) 5.50

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Definitions:

Attention Deficit Hyperactivity Disorder (ADHD)

A neurodevelopmental disorder characterized by inattention, hyperactivity, and impulsivity, affecting both children and adults.

Cognitive Therapy

A form of psychotherapy that emphasizes the importance of thought patterns in influencing behavior and emotions, aimed at altering distorted or negative thinking.

Psychoeducation Classes

Educational sessions designed to teach individuals and their families about mental health conditions, treatments, and coping strategies.

Social Skills Training

A form of behavior therapy used to improve interpersonal skills through teaching, modeling, and practicing specific behaviors.