Tree Frog Company Is Organized as a LLC and Does

question 76

Multiple Choice

Tree Frog Company is organized as a LLC and does not pay income taxes.The company has fixed interest expense of $5,750,Sales of $253,000 and variable expenses of $189,750.What is the company's times interest earned ratio?

• A)44
• B)33
• C)11
• D)10
• E)$63,250

---

Definitions:

Situation Analysis

An assessment of an organization's current situation and external environment to identify key issues, opportunities, and challenges.

Product Strategy

A plan for marketing a product, which involves decisions on items such as pricing, design, packaging, and promotion.

Alcatel

A multinational company that produces telecommunications equipment and services, now part of Nokia.

Customer Value Proposition

A business or marketing statement that describes why a customer should buy a product or use a service, summarizing the benefits of the offer.