A company has earnings before interest and taxes of $100,000, income taxes of $30,000, and interest expense of $10,000. The company’s interest coverage ratio is
A.6
B.7
C.10
D.9

Question

05-12-2022
Business

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A company has earnings before interest and taxes of $100,000, income taxes of $30,000, and interest expense of $10,000. The company’s interest coverage ratio is
A.6
B.7
C.10
D.9

Sagot :

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