The following information was taken from the income statement of Tommy Toys for the years 2015 through 2017 (in millions): Required:
A.Compute Tommy Toys times interest earned ratio for all three years.Round your answers to two decimal places.
B.Briefly interpret the times interest earned ratio for the three years.

Question

The following information was taken from the income statement of Tommy Toys for the years 2015 through 2017 (in millions):  Required: 
A.Compute Tommy Toys times interest earned ratio for all three years.Round your answers to two decimal places.
B.Briefly interpret the times interest earned ratio for the three years.

Quizplus · Accepted Answer

The Answer of The following information was taken from the income statement of Tommy Toys for the years 2015 through 2017 (in millions):  Required: 
A.Compute Tommy Toys times interest earned ratio for all three years.Round your answers to two decimal places.
B.Briefly interpret the times interest earned ratio for the three years.

The Following Information Was Taken from the Income Statement of Tommy