a-company-has-a-net-income-of-100000-interest-expense-of-20000-and-tax-expense-o

Question

A company has a net income of $$100,000, interest expense of 20$$,000, and tax expense of $10,000. What is the adjusted operating income used to calculate the times interest earned ratio?

Accepted Answer

$130,000

Answer

$110,000

Answer

$100,000

Answer

$120,000

A company has a net income of \$100,000, interest expense of \$20,000, and tax expense of \$10,000. What is the adjusted operating income used to calculate the times interest earned ratio?