Company X Has Net Sales Revenue of $436,000,cost of Goods

question 4

Multiple Choice

Company X has net sales revenue of $436,000,cost of goods sold of $343,000,and all other expenses of $157,000,if interest expense is $16,000 and income tax expense is zero,the times interest earned ratio is:

• A)-3.0
• B)+5.0
• C)+6.8
• D)-4.8

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