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Land Companys 2018 financial statements contain the following selected data: Income Taxes $25,000 Interest Expense $20,000 Net Income $55,000 Lands times interest earned for 2018
Land Companys 2018 financial statements contain the following selected data: Income Taxes $25,000 Interest Expense $20,000 Net Income $55,000 Lands times interest earned for 2018 is: A) 4.0 times B) 5.0 times. C) 2.20 times. D) 2.75 times.
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