What is the first step in the data processing cycle?

Suppose a company has earnings before taxes of $20 billion and its income tax is 35% of its earnings before taxes. If the company has an interest expense of $2 billion, its interest coverage ratio is closest to:

A. 6.5 times. B. 10.0 times. C. 11.0 times

The U.S. mass producers focus on long-term income and return on investment, whereas Japanese see the process in terms of the short-term perspective

Indicate whether the statement is true or false