A company reports the following: Income before income tax ....... $6,000,000 Interest expense ............................. 300,000 Determine the

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A company reports the following:

Income before income tax ....... $6,000,000
Interest expense ............................. 300,000

Determine the times interest earned ratio. Round to one decimal place.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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