When calculating indirect cost rates, the longer the time period, the greater the influence of seasonal patterns on the amount of costs

The statement of members' equity is used for equity reporting of a partnership

a. True b. False Indicate whether the statement is true or false

Numbers of times interest charges earned is computed as

A) Income before income taxes plus Interest Expense divided by Interest Expense B) Income before income taxes less Interest Expense divided by Interest Expense C) Income before income taxes divided by Interest Expense D) Income before income taxes plus Interest Expense divided by Interest Revenue