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Hsu Company reported the following on its income statement: Income before income taxes $303,008 Income tax expense 90,902 Net income $212,106 An analysis of the

Hsu Company reported the following on its income statement:

Income before income taxes $303,008
Income tax expense 90,902
Net income $212,106

An analysis of the income statement revealed that interest expense was $77,872. Determine Hsu Company's times interest earned.

Select the correct answer.

2.72 times
4.89 times
1.72 times
3.89 times

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