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In a recent year Swifty Corporation had net income of $164000, interest expense of $29500, and income tax expense of $40300. What was Swifty Corporations
In a recent year Swifty Corporation had net income of $164000, interest expense of $29500, and income tax expense of $40300. What was Swifty Corporations times interest earned (rounded) for the year?
a. 7.93
b. 5.56
c. 6.93
d. 6.56
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