The ratio times interest earned is calculated as:
A) (interest expense + capitalized interest) ÷ income before interest and income taxes.
B) net income ÷ (interest expense + capitalized interest) .
C) income before interest and income taxes ÷ (interest expense + capitalized interest) .
D) (interest expense + capitalized interest) ÷ net income.
E) income before interest and income taxes ÷ (interest income + capitalized interest) .
Correct Answer:
Verified
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