Selected financial data for Lowes is provided below: $$\begin{array} { l r }
\text { (\$ in millions) } & \underline { \text { Lowes } } \
\text { Sales } & \$ 47,220 \
\text { Interest expense } & 287 \
\text { Tax expense } & 1,042 \
\text { Net income } & \$ 1,783
\end{array}$$ What is the times interest earned ratio for Lowes?

Question

Selected financial data for Lowes is provided below: $$\begin{array} { l r } 
\text { (\$ in millions) } & \underline { \text { Lowes } } \
\text { Sales } & \$ 47,220 \
\text { Interest expense } & 287 \
\text { Tax expense } & 1,042 \
\text { Net income } & \$ 1,783
\end{array}$$ What is the times interest earned ratio for Lowes?

Quizplus · Accepted Answer

The Answer of Selected financial data for Lowes is provided below: $$\begin{array} { l r } 
\text { (\$ in millions) } & \underline { \text { Lowes } } \
\text { Sales } & \$ 47,220 \
\text { Interest expense } & 287 \
\text { Tax expense } & 1,042 \
\text { Net income } & \$ 1,783
\end{array}$$ What is the times interest earned ratio for Lowes?

Selected Financial Data for Lowes Is Provided Below What Is the Times Interest Earned Ratio for Lowes? A)

Selected Financial Data for Lowes Is Provided Below What Is the Times Interest Earned Ratio for Lowes?
A)