Solution-What was the times interest earned ratio

What was the times interest earned ratio

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For the most recent year, Camargo, Inc., had sales of $554,000, cost of goods sold of $246,230, depreciation expense of $62,900, and additions to retained earnings of $75,300. The ?rm currently has 22,500 shares of common stock outstanding and the previous year's dividends per share were $1.35. Assuming a 25 percent income tax rate, what was the times interest earned ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 3216J

Reference no: EM133121466

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What was the times interest earned ratio

Reference no: EM133121466

Reference no: EM133121466

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