Skip to main content
Pearson+ LogoPearson+ Logo
Start typing, then use the up and down arrows to select an option from the list.
Problem

XYZ Company had Income from Operations of $320,000 and Net Income of $80,000. Interest Expense during the current period was $40,000 and Notes Payable totaled $400,000. What is the company’s Times Interest Earned?

3:44m

Watch next

Master Ratios: Times Interest Earned (TIE) with a bite sized video explanation from Brian Krogol

Start learning
Divider