Financial Accounting: Information for Decisions
Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158809
Author: Wild, John
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 9, Problem 11QS
Summary Introduction

Introduction:Times interest earned ratio is calculated to check the ability of company in paying the interest to its investors. It is calculated by dividing the earnings before interest & taxes payment by the interest expenses.

To calculate: The times interest earned and interpret it.

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Financial Accounting: Information for Decisions

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