Last Year Javer Company Had a Net Income of $200,000,income

question 101

Multiple Choice

Last year Javer Company had a net income of $200,000,income tax expense of $74,000,and interest expense of $20,000.The company's times interest earned was closest to:

• A) 5.30 times.
• B) 10.00 times.
• C) 11.00 times.
• D) 14.70 times.

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Definitions:

Adaptive Value

The degree to which a characteristic or action enhances an organism's ability to survive and reproduce in a given environment.

Effective Communication

Effective communication is the exchange of information in a manner that is clearly understood by all parties involved.

Neighboring Males

Refers to male individuals of a species living in close proximity to one another, often in the context of social structures, territory, and mating strategies.

Developmental Explanation

An account of how particular traits or behaviors emerge and change over an organism's lifespan.