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A company's interest expense is $27,000. Its income before interest expense and income taxes is $236,250. Its net income is $115,750. The company's times interest
A company's interest expense is $27,000. Its income before interest expense and income taxes is $236,250. Its net income is $115,750. The company's times interest earned ratio equals: Multiple Choice 0.114. 0.23. 0.49. 2.04. or 8.75.
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