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last year, Mochas cofe shop incs income statement reported the following: profit, $227,500; interest expense, $45,000; and tax expense, $78,475. The companys times interest earned

last year, Mochas cofe shop incs income statement reported the following: profit, $227,500; interest expense, $45,000; and tax expense, $78,475. The companys times interest earned ratio is:

a) 6.2 times

b) 5.8 times

c) 7.8 times

d) 4.5 times

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