Kizspy | Question: 29
(Choose 1 answer)
(23781)Which statement is true:
A. Lower value of times interest earned ratio is favorable meaning greater ability of a business to repay its interest and debt.
B. Higher value of times interest earned ratio is favorable meaning greater ability of a business to repay its interest and debt.
C. Higher value of times interest earned ratio is favorable meaning less ability of a business to repay its interest and debt.
D. Higher value of times interest earned ratio is favorable meaning greater ability of a business to repay its operating expense.
