A company has long-term notes payable of $175,625,taxes of $9,500,ending merchandise inventory of $450,290,interest expense of $14,050,net sales of $720,000 a gross profit ratio of 35%,a times interest earned ratio of 4.23,and total assets of $1,300,417.What is the company's earnings before interest and taxes?
A)$252,000
B)$65,814
C)$269,710
D)106,696
E)$59,432

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The Answer of A company has long-term notes payable of $175,625,taxes of $9,500,ending merchandise inventory of $450,290,interest expense of $14,050,net sales of $720,000 a gross profit ratio of 35%,a times interest earned ratio of 4.23,and total assets of $1,300,417.What is the company's earnings before interest and taxes?
A)$252,000
B)$65,814
C)$269,710
D)106,696
E)$59,432

A Company Has Long-Term Notes Payable of $175,625,taxes of $9,500,ending