Author Question: One weakness of the times interest earned ratio is that it includes only the annual interest expense ... (Read 166 times)

mwit1967 · **on:** Jul 11, 2018

One weakness of the times interest earned ratio is that it includes only the annual interest expense
as a finance expense and ignores other financing items such as lease payments that must be paid.

Indicate whether the statement is true or false

Question 2

Which statement concerning towing and labor coverage under the PAP is (are) true?

I. There's no coverage for towing if the auto breaks downtowing is only covered if the auto needs to be towed after a collision has occurred.
II. Towing and labor coverage pays for repairs at a service station or garage.
A) I only
B) II only
C) both I and II
D) neither I nor II