Problema firm has a net income before interest and taxes of, Ask an Expert

Finance

Problem:

A firm has a net income before interest and taxes of $193,000 and interest expense of $28,000.

Required:

Question 1: What is the times-interest-earned ratio? And if the firm's lease payments are $48,500, what is the fixed charge coverage? Elucidate comprehensively and provide all workings and methods.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146838

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