Times-Interest-Earned ratio: It is the ratio that quantifies a business ability to pay interest expense. It is calculated as shown below: Times-interest- earned ratio } = Net income + Income tax expense + Interest expense Interest expense To calculate: Times-interest-earned ratio for Electronics A for 2018.

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Chapter 11, Problem 11.13SE

To determine

Times-Interest-Earned ratio: It is the ratio that quantifies a business ability to pay interest expense. It is calculated as shown below:

Times-interest-earned ratio}=Net income+Income tax expense+Interest expenseInterest expense

To calculate: Times-interest-earned ratio for Electronics A for 2018.

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