Which of the Statements Below Is FALSE

question 2

Multiple Choice

Which of the statements below is FALSE?

• A)The cash coverage ratio is EBIT plus depreciation divided by interest expense.
• B)Times interest earned equals EBIT divided by interest expense.
• C)The times interest earned ratio tells us the number of times a company has resorted to debt financing over the year.
• D)The debt ratio basically tells us the amount in debt for every dollar of assets.

Analyze the impact of government interventions, such as taxes, on market outcomes and firm operations.

Distinguish between short-run and long-run industry adjustments to changes in demand or cost.

Assess the role of supply and demand in determining market equilibrium prices and quantities.

Understand the concept of elasticity in supply and demand, and its implications for market adjustments.

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Definitions:

Haplorhines

The subdivision within the primate order based on shared genetic characteristics; includes tarsiers, New World monkeys, Old World monkeys, and apes (including humans).

Hominids

A family of primates that includes all modern and extinct Great Apes and humans.

Evolutionary History

The study of the development of life on Earth over millions of years, including the processes that have shaped the diversity of life.

Old World Monkeys

A group of primates native to Africa and Asia, distinguished from New World monkeys by certain physical traits.