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Last year, Nickel Company had a net income of $150,000, income tax expense of $30,000, and interest expense of $20,000. The company's times-interest-earned ratio was

Last year, Nickel Company had a net income of $150,000, income tax expense of $30,000, and interest expense of $20,000. The company's times-interest-earned ratio was closest to:

a. 17 times.

b. 10 times.

c. 22 times.

d. 33 times.

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