Last Year Javer Corporation Had a Net Income of $200,000

question 276

Multiple Choice

Last year Javer Corporation had a net income of $200,000, income tax expense of $74,000, and interest expense of $20,000. The corporation's times interest earned was closest to:

• A)10.0
• B)11.0
• C)5.3
• D)14.7

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Definitions:

Brain-Derived Neurotrophic Factor

A protein in the brain and nervous system that promotes the survival, development, and maintenance of neurons.

Dendrites

The branched projections of a neuron that act to propagate the electrochemical stimulation received from other neural cells to the cell body, or soma, of the neuron from which the dendrites project.

Synapses

The junctions at which neurons communicate with other neurons, muscles, or glands through electrical or chemical signals.

Neurons

Specialized cells within the nervous system that transmit information to other nerve cells, muscle, or gland cells.