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46 (4 points) In a recent year, Garvey Corporation had net income of $120,000, Interest expense of $20,000, and income tax expense of $30,000. What
46 (4 points) In a recent year, Garvey Corporation had net income of $120,000, Interest expense of $20,000, and income tax expense of $30,000. What was Garvey Corporation's times interest earned for the year? a) 8.50 b) 7.50 c) 7.00 d) 6.00
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