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22) The information related to Jazz Music, Inc. is given below: Net Income Income Tax Expense Interest Expense Year ended December 31, 2018 $81,510 55,910
22) The information related to Jazz Music, Inc. is given below: Net Income Income Tax Expense Interest Expense Year ended December 31, 2018 $81,510 55,910 6,595 Year ended December 31, 2019 $210,570 103,505 59,505 Calculate the times-interest-earned ratio for each year. Round all calculations to two decimal places
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Management And Cost Accounting
Authors: Mike Tayles, Colin Drury
11th Edition
147377361X, 978-1473773615
