Selected income statement data follow for Harper, Inc., for the year ended December 31 (in thousands). What is the company's times interest earned ratio? Operating income before interest Interest expense Operating income after interest Income tax Income after tax 000 0 35.6 30.6 11.2 24.4 6,617 189 6.428 1,607 4,821
Selected income statement data follow for Harper, Inc., for the year ended December 31 (in thousands). What is the company's times interest earned ratio? Operating income before interest Interest expense Operating income after interest Income tax Income after tax 000 0 35.6 30.6 11.2 24.4 6,617 189 6.428 1,607 4,821
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 5E
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![Selected income statement data follow for Harper, Inc., for the year ended December 31 (in thousands). What is the company's times interest earned ratio?
Operating income before interest
Interest expense
Operating income after interest
Income tax
Income after tax
35.6
30.6
11.2
24.4
6,617
189
6.428
1,607
4,821](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc94176f9-dee8-4d67-8062-e8526a7f9b2e%2Fec6a5026-879f-4ddf-8e3c-611d1d72f339%2Fesikm12_processed.png&w=3840&q=75)
Transcribed Image Text:Selected income statement data follow for Harper, Inc., for the year ended December 31 (in thousands). What is the company's times interest earned ratio?
Operating income before interest
Interest expense
Operating income after interest
Income tax
Income after tax
35.6
30.6
11.2
24.4
6,617
189
6.428
1,607
4,821
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