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A company's had fixed interest expense of $3,000, its income before interest expense and income taxes is $16,000, and its net income is $6,400. The
A company's had fixed interest expense of $3,000, its income before interest expense and income taxes is $16,000, and its net income is $6,400. The company's times interest earned ratio equals: A)2.13. B)2.50. C)0.19. D)0.47. E)5.33.
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