What is the times interest earned ratio

Reference no: EM13264425

1. The Green Buffet has sales of $428,000, depreciation of $26,500, interest of $1,800, net income of $21,400, and a tax rate of 32 percent. What is the times interest earned ratio?

a. 17.90
b. 18.48
c. 8.78
d. 9.08

2. Which one of the following represents the maximum growth rate that can be achieved assuming a firm
acquires no new external financing?

a. return on equity
b. return on assets
c. internal growth rate
d. sustainable growth rate

Reference no: EM13264425

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