Pia Corporation Has Provided the Following Data from Its Most

question 105

Multiple Choice

Pia Corporation has provided the following data from its most recent income statement:

$\begin{array}{l}\text { Net operating income}&\$ 71,000 \\\text {Interest expense.. }&\$ 34,000 \\\text {Net income before taxes. }&\$ 37,000 \\\text {Income taxes }&\$ 11,000 \\\text {Net income }&\$ 26,000\end{array}$

The times interest earned ratio is closest to:

• A)2.09
• B)1.09
• C)0.76
• D)2.98

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Definitions:

Protein Types

Various forms of proteins based on their structure, function, or the sequences of amino acids they contain, essential for numerous biological processes.

Subgroups

Subgroups are smaller, distinct groups formed within a larger group based on shared characteristics, interests, or goals.

Reticular Tissue

A type of connective tissue that provides a supportive framework to soft organs, such as the spleen and lymph nodes.

Lymphatic Organs

Components of the lymphatic system, such as lymph nodes, spleen, and thymus, which play roles in immune function and fluid balance.