Author Question: The true owners of the corporation are the: A) holders of debt issues of the firm. B) board of ... (Read 155 times)

rosent76

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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


yasmina

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Answer to Question 1

D

Answer to Question 2

B



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