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Hsu Company reported the following on its income statement: Income before income taxes $300,636 Income tax expense 90,191 Net income $210,445 Interest expense was $73,715.
Hsu Company reported the following on its income statement:
| Income before income taxes | $300,636 | |
| Income tax expense | 90,191 | |
| Net income | $210,445 |
Interest expense was $73,715. Hsu Company's times interest earned ratio (rounded to two decimal places) is
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Financial Accounting
Authors: Jr. Belverd E. Needles, Marian Powers
9th Edition
0547070020, 978-0547070025
