1. Sawaya Company had depreciation and amortization expenses of $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 for the year ended June 30, 2010. What is the Times Interest Earned for this company?© BrainMass Inc. brainmass.com June 4, 2020, 3:11 am ad1c9bdddf
EBIT = EBITDA - Depreciation and amortization expense = 1521087-522311 = ...
Times interest earned, accounts receivables turnover and days sales outstanding are important measures for evaluating the firm's financial position. Solutions describe the steps to calculate these measures with the help of information provided.