-Calculate C Co's times interest earned ratio for 20X2 and 20X1 respectively.
A) 11.82 and 17.93
B) 7.21 and 12.75
C) 12.33 and 19.77
D) 11.33 and 18.77

Name: -Calculate C Co's times interest earned ratio for 20X2 and 20X1 respectively. A) 11.82 and 17.93 B) 7.21 and 12.75 C) 12.33 and 19.77 D) 11.33 and 18.77
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Question

-Calculate C Co's times interest earned ratio for 20X2 and 20X1 respectively.
A) 11.82 and 17.93 
B) 7.21 and 12.75 
C) 12.33 and 19.77 
D) 11.33 and 18.77

Quizplus · Accepted Answer

Calculation: ($2,431 + 1,388 + $337) ÷ $337 = 12.33; ($3,533 + $1,665 + $277) ÷ $277 = 19.77.

-Calculate C Co's Times Interest Earned Ratio for 20X2 and 20X1