In a recent year Marigold Corp. had net income of $162000, interest expense of $28100, and income
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Question:
In a recent year Marigold Corp. had net income of $162000, interest expense of $28100, and income tax expense of $41300. What was Marigold Corp.s times interest earned (rounded) for the year?
7.23
8.23
6.77
5.77
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