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1)Last year, Jackson Company had a net income of $160,000, income tax expense of $66,000, and interest expense of $20,000. The company's times interest earned

1)Last year, Jackson Company had a net income of $160,000, income tax expense of $66,000, and interest expense of $20,000. The company's times interest earned was closest to which of the following?

2)Karma Company has total assets of $190,000 and total liabilities of $90,000. The company's debt-to-equity ratio is closest to which of the following?

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