Which of the Following Is Not Used to Calculate the Times

question 99

Multiple Choice

Which of the following is not used to calculate the times interest earned ratio?

• A)Net income.
• B)Income tax expense.
• C)Interest earned on investments.
• D)Interest expense.

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Definitions:

Accounting Profit

The difference between a company's total revenue and its explicit costs.

Capital

Capital refers to financial assets or physical goods that are used by a company to produce goods, offer services, or create additional wealth, including tools, machinery, and buildings.

Chicago Cubs

A professional American baseball team based in Chicago, Illinois, known for their long history and passionate fanbase.

Implicit Cost

The opportunity costs of using resources that a company already owns to produce goods or services, not involving direct payment.