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Author Question: The true owners of the corporation are the: A) holders of debt issues of the firm. B) board of ... (Read 59 times)

rosent76

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on: Jul 11, 2018
The true owners of the corporation are the:
 
  A) holders of debt issues of the firm.
  B) board of directors of the firm.
  C) creditors.
  D) common stockholders.

Question 2

Standard Inc. has an annual interest expense of 40,000. If Standard's times-interest-earned ratio is
  3.0, what is Standard's Earnings Before Taxes (EBT)?
 
  A) 47,000 B) 80,000 C) 160,000 D) 120,000
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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yasmina

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Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

B


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