income before interest expense and income taxes is $350,000 and its interest expense is $100,000 its tmes intes 0.29 O 3.50 2.50 1.75 e 0.50 QUESTION 4 A contingent liability is: e Always of a specific amount A potential obligation that depends on a future event arising from a past transaction or event An obligation not requiring future payment @ An obligation arising from the purchase of goods or services on credit @) An obligation arising from a future event UESTION 5 A payroll register does not include Pay period dates Hours worked Gross pay and net pay Prior year's earnings