The Times-Interest-Earned Ratio Is Calculated by Which of the Following

question 98

Multiple Choice

The times-interest-earned ratio is calculated by which of the following?

• A)Total assets divided by interest expense.
• B)Net income divided by interest expense.
• C)Earnings before interest and taxes divided by interest expense.
• D)None of these answer choices are correct.

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Definitions:

Democrats

Refers to the Democratic Party, one of the two major contemporary political parties in the United States, known for its liberal and progressive stances on various issues including social welfare, environmental protection, and civil rights.

Republicans

A member or supporter of the Republican Party, one of the two major contemporary political parties in the United States, typically associated with conservative policies.

Referendum

A direct vote by the electorate on a specific proposal or issue, bypassing the legislative body.

Congressional Election

The process by which members are elected to the United States Congress, consisting of the Senate and the House of Representatives.