FIN202_-_FA_2023_-_FE_1026.webp
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FIN202_-_FA_2023_-_FE_1026.webp

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1
(Choose 1 answer)
A. 13 times
(20557) Coverage ratio: Trident Corp. has debt of $3.35 million with an interest rate of 6.875 percent. The company has an EBIT of $2,766,009. What is its times interest earned?
B. 12 times
C. 11 times
D. None of these
FUO fi

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