Q. What opportunities and threats might Heartsong be exposing itself to via the Luxembourg expansion proposal?
Q. Selected balance sheet and income statement data for Green Tea, Inc., for the year ended December 31, 2011 are below. What is the company’s times interest earned ratio?
Income before provision for income taxes Interest expense Statutory tax rate Provision for income taxes Net income
$814,725 $16,419 35.2% $285,150 $529,575