Solved

Reported Operating Income for Horace Corporation Was $145,000 and Reported

Question 74

Multiple Choice

Reported operating income for Horace Corporation was $145,000 and reported interest expense was $ 45,000. Times interest earned for Horace Corporation, after necessary adjustments, was:


A) 2.22
B) 3.22
C) 4.22
D) 4.48

Correct Answer:

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