Assume earnings before interest and taxes of $56,850 and net income of $23,954.The tax rate is 30 percent.What is the times interest earned ratio?
A)1.51
B)1.73
C)2.37
D)2.47
E)2.51

Question

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The Answer of Assume earnings before interest and taxes of $56,850 and net income of $23,954.The tax rate is 30 percent.What is the times interest earned ratio?
A)1.51
B)1.73
C)2.37
D)2.47
E)2.51

Assume Earnings Before Interest and Taxes of $56,850 and Net