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Last year Jack Company had a net income of $270,000, income tax of $50,000, and an interest expense of $20,000. The company's times interest earned

Last year Jack Company had a net income of $270,000, income tax of $50,000, and an interest expense of $20,000. The company's times interest earned was closest to:

A. 17.00

B. 10.00

C. 13.50

D. 14.50

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