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Last year, Copper Company had a net income of $500,000, income tax expense of $60,000, and interest expense of $40,000. The company's times-interest-earned ratio was
Last year, Copper Company had a net income of $500,000, income tax expense of $60,000, and interest expense of $40,000. The company's times-interest-earned ratio was closest to
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th Edition
1118484320, 978-1118484326
