A) net income plus interest expense, divided by interest expense B) income before income tax plus interest expense, divided by interest expense C) net income divided by interest expense D) income before income tax divided by interest expense
Who is primarily liable on the promissory note and who is secondarily liable?
A) Both Dexter and Bernard are primarily liable on the note. B) Dexter is primarily liable and Garren is secondarily liable. C) Bernard is primarily liable and Garren is secondarily liable. D) Dexter is primarily liable and Bernard is secondarily liable. E) Bernard is primarily liable and Dexter is secondarily liable.