Times-Interest-Earned Ratio Assignment
February 19th, 2020
Brentwood Electronics reported the following amounts on its 2018 income statement E(Click the icon to view the amounts.)
What is Brentwood's times-interest-earned ratio for 2018? (Round to two decimals.) Times-interest-earned ratio X Data Table Year Ended December 31, 2018 42,000 Net income 6,300 Income tax expense 3,000 Interest expense. .