Hsu Company reported the following on its income statement: Interest expense was $80,000. Hsu Company's times interest earned ratio is
A)8 times
B)6.25 times
C)5.25 times
D)5 times

Question

Hsu Company reported the following on its income statement:  Interest expense was $80,000. Hsu Company's times interest earned ratio is
A)8 times 
B)6.25 times 
C)5.25 times 
D)5 times

Quizplus · Accepted Answer

The Answer of Hsu Company reported the following on its income statement:  Interest expense was $80,000. Hsu Company's times interest earned ratio is
A)8 times 
B)6.25 times 
C)5.25 times 
D)5 times

Hsu Company Reported the Following on Its Income Statement