Desjardin landscaping's income statement reports net income of $74, 800. which includes deductions for interest expense of $11, 700 and income taxes of $35, 100. its times interest earned is:

a. 10.4 times
b. 7.4 times
c. 4.0 times
d. 6.4 times
e. 0.16 times

Ans. A) 104 times

Explanation:

Hi, the formula that you are looking for for times interest earned (TIE) is:

And the EBIT (earnings before interests and taxes) is:

Since the interest expense is $11,700 and the EBIT is $121,600, we can say that the TIE ratio is:

Best of luck.

88 because 4 plus 4 equals 8. 40 plus 40 equals 80. 80 plus 8 equals 88

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi