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A company reports the following: Income before income tax $405,650 Interest expense 66,500 Determine the number of times interest charges are earned. Round your answer
A company reports the following:
| Income before income tax | $405,650 | |
| Interest expense | 66,500 |
Determine the number of times interest charges are earned. Round your answer to one decimal place.
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Accounting Chapters 14-23
Authors: Charles T. Horngren, Walter T. Harrison Jr, M. Suzanne Oliver
8th Edition
0136073018, 978-0136073017
