Which of the Following Statements Is Not Correct

question 34

Multiple Choice

Which of the following statements is not correct?

• A)A ratio that indicates a firm's long-term,debt-paying ability from the income statement view is the times interest earned.
• B)Some of the items on the income statement that are excluded in order to compute times interest earned are interest expense,income taxes,and unusual or infrequent items.
• C)Capitalized interest should be included with interest expense when computing times interest earned.
• D)Usually,the highest times interest coverage in the most recent five-year period is used as the primary indication of the interest coverage.
• E)In the short run,a firm can often meet its interest obligations,even when the times interest earned is less than 1.00.

---

Definitions:

Palliative Team

A multidisciplinary healthcare group dedicated to improving the quality of life for patients and their families facing the problems associated with life-threatening illness.

Postmortem Care

The care given to the body of a deceased person, including cleaning and dressing, to prepare it for viewing by the family and for final disposition.

Complicated Grief

An intense and prolonged period of grief that interferes with normal functioning following the loss of a loved one.

End-Of-Life Care

Comprehensive care provided to individuals approaching the end of their life, aiming to ensure comfort, dignity, and fulfillment of their wishes.