Company A and Company B have the same tax rate, total assets, and basic earning power. Both companies have positive net incomes. Company A has a higher debt ratio, and therefore, higher interest expense than company B. Which of the following statements is true?
A. Company A has a lower equity multiplier than company B
B. Company A pays less in taxes than Company B
C. Company A has a higher ROA than Company B
D. Company A has a higher times interest earned (TIE) ratio than Company B
E. Company A has a higher net income than company B