A Company's Income Before Interest Expense and Income Taxes Was

question 190

Essay

A company's income before interest expense and income taxes was $395,000 in 2013 and $427,000 in 2014.Its fixed interest expense was $125,000 for both years.Calculate the company's times interest earned ratio and comment on its level of risk.

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Definitions:

Place Elements

Components of the marketing mix that focus on distribution channels and methods used to deliver the product to the customer.

Promotion Elements

Various components and methods used in marketing to communicate with the target audience, such as advertising, sales promotions, and publicity.

Marketing Research

Marketing research involves the systematic gathering, recording, and analyzing of data about issues relating to marketing products and services.