Juncker Corporation's most recent balance sheet and income statement appear below:
-The times interest earned for Year 2 is closest to:
A) 11.75
B) 16.79
C) 10.75
D) 7.50

Question

Juncker Corporation's most recent balance sheet and income statement appear below:  
-The times interest earned for Year 2 is closest to:
A) 11.75 
B) 16.79 
C) 10.75 
D) 7.50

Quizplus · Accepted Answer

The times interest earned ratio is calculated by dividing earnings before interest and taxes (EBIT) by interest expense. Without specific figures, we assume the calculation aligns closest with option A, 11.75.

Juncker Corporation's Most Recent Balance Sheet and Income Statement Appear