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Harbor Shark Loan Co. has an annual interest expense of $45,000. If Harbour Sharks times-interest-earned ratio is 3.9, its tax rate is 40% and NIAT

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Harbor Shark Loan Co. has an annual interest expense of $45,000. If Harbour Sharks times-interest-earned ratio is 3.9, its tax rate is 40% and NIAT is 38.9% of sales. What is Harbour Sharks sales? Select one: a. $77,800 b. $200,000 o c. $52,200 O d. $175,000

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