This Question 1 pt 1 of 15 1 complete This Quiz 20 pts Nort
This Question: 1 pt 1 of 15 (1 complete) ? This Quiz: 20 pts Northern Corporation reported the following financial statements EE Click the icon to view the financial statements.) Which measure expresses Northern\'s times-interest-earned ratio? (amounts rounded) O A. 73 times O B. 59 times ??. 47.3% OD, 40.7%
Solution
A. 73 times
Times interest earned ratio = Income before interest and taxes ÷ Interest Expense = 13,064 ÷ 178 = 73 times
