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A company reports the following: Income before income tax $2,722,400 Interest expense 166,000 Determine the times interest earned ratio. If required, round the answer to
A company reports the following: Income before income tax $2,722,400 Interest expense 166,000 Determine the times interest earned ratio. If required, round the answer to one decimal place. A company reports the following: Sales $1,043,200 Average total assets 652,000 Determine the asset turnover ratio. If required, round your answer to one decimal place
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