The debt to assets ratio (rounded) is
40%.
7.1 times.
44.4%.
2.25%.
11. In a recent year Monty Corp. had net income of $152000, interest expense of
$28700, and income tax expense of $41500. What was Monty Corp.’s times interest
earned (rounded) for the year?
7.74
6.30
6.74
5.30
12. If bonds are issued at a discount, it means that the