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A firm in a 28% tax bracket has net income of $23,470,560. If interest expense is $4,598,200, calculate the times interest earned. 8.09 7.56 3.29
A firm in a 28% tax bracket has net income of $23,470,560. If interest expense is $4,598,200, calculate the times interest earned.
8.09 | ||
7.56 | ||
3.29 | ||
5.51 | ||
none of these |
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