Question
Current Attempt in Progress In the past year Ivanhoe Corporation had net income of $209000, interest expense of $46000, and tax expense of $91000.
Current Attempt in Progress In the past year Ivanhoe Corporation had net income of $209000, interest expense of $46000, and tax expense of $91000. During the current year, Ivanhoe refinanced their debt so interest expense is now $43000. Net Income is expected to be $252000 and the tax expense is expected to be $96300. What is Ivanhoe Corporation's times interest earned after the changes? 9.10 6.26 2.62 5.86 Mutr Que Multa Que Mult View 18
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
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