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Exercise 9-10 Number of times interest earned LO 9-3 The following data come from the financial records of Adams Corporation for 2014. Sales $ 845,000
Exercise 9-10 Number of times interest earned LO 9-3 The following data come from the financial records of Adams Corporation for 2014. Sales $ 845,000 Interest expense 4,300 Income tax expense 27,000 Net income 30,000 Required How many times was interest earned in 2014? (Round your answer to 2 decimal places.) 1. Interest earned__________times?
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