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Compton Corporation reported the following data for 2021: Current liabilities.... $36,000 Interest expense.. $6,000 Long-term liabilities... 60,000 Income tax expense............. 2,400 Stockholders' equity......... 50,000 Net

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Compton Corporation reported the following data for 2021: Current liabilities.... $36,000 Interest expense.. $6,000 Long-term liabilities... 60,000 Income tax expense............. 2,400 Stockholders' equity......... 50,000 Net income.. 5,600 Compute the times-interest-earned ratio

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