Vixeron Company reported the following on the company's income statement for 2012 and 2011: a. Determine the
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Vixeron Company reported the following on the company's income statement for 2012 and 2011:
a. Determine the number of times interest charges were earned for 2011 and 2012. Round to one decimal place.
b. What conclusions can youdraw?
Transcribed Image Text:
Interest expense Income before income tax 2012 $3,000,000 1,200,000 2011 $3,000,000 3,600,000
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