What is the company times interest earned ratio, Accounting Basics

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What is the company times interest earned ratio

Tree Frog Company is organized as a LLC and pays no income taxes. The company has fixed interest expense of $5,750, Sales of $253,000 and variable expenses of $189,750. What is the company's times interest earned ratio?

a. 44

b. 33

c. 11

d. 10

e. $63,250

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Accounting Basics: What is the company times interest earned ratio

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the company times interest earned ratio

Reference No:- TGS076202

Recent Questions Asked Accounting Basics

Q : Executive summary of a business plan

Q : Find annual ordering cost and annual inventory holding cost

Q : What is the company''s cost of goods sold

Q : Detailed terms and conditions of sale

Q : What is the company times interest earned ratio

Q : Which system should he rent at projected volume

Q : Calculate penguin''s cash flow from operating activities

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Q : Advantages of partnership versus limited partnership

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