In: Finance
A firm’s Revenues equals $2,000,000, Earnings After Taxes equals $250,000, Earnings Before Interest and Taxes equals $400,000, and Interest payments equals $50,000. What is this firm’s Times Interest Earned?
a. |
5 |
|
b. |
2 |
|
c. |
8 |
|
d. |
need to know what its Taxes equal |