Hardister Corp

question 81

Multiple Choice

Hardister Corp. Hardister Corp. has the following information available from its financial statements for 2012:
Refer to the Hardister Corp. information above. Hardister's times-interest-earned ratio is: (round to two decimal places)

• A) 8.00.
• B) 9.00.
• C) 6.00.
• D) 5.00.

---

Definitions:

Externality

An outcome from economic behavior that impacts individuals not directly involved, which may be beneficial or harmful.

Initial Assignment

The initial distribution or allocation of tasks, responsibilities, or resources at the start of a project or process.

Liability Rule

A legal principle that allows for compensation when someone's action causes harm or loss to another, even without an agreement between the parties.

Injunction

A legal order by a court requiring a person or entity to do or cease doing a specific action.