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Author Question: Spunky Pet Supply's operating income for the year was $100,000. The interest expense was $16,600 and ... (Read 50 times)

mynx

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Spunky Pet Supply's operating income for the year was $100,000. The interest expense was $16,600 and the income tax expense was $8,000. What is Spunky's interest coverage ratio for the year? (Round your final answer to two decimal places.)
◦ 0.17
◦ 6.02
◦ 4.07
◦ 12.50


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Marked as best answer by mynx on Feb 19, 2020

janeli1

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mynx

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Reply 2 on: Feb 19, 2020
Gracias!


bigcheese9

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Reply 3 on: Yesterday
Excellent

 

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