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Company X reported the following information on its 2015 income statement: Interest Expense $10,000 Income Tax $50,000 Net Income $140,000 What is Company X's Interest
Company X reported the following information on its 2015 income statement:
Interest Expense $10,000
Income Tax $50,000
Net Income $140,000
What is Company X's Interest Coverage Ratio for 2015? Explain your answer
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