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please can you help me find the Interest Expense, Total Other Income and (Expenses) and Net Income. The income statement for Texas Communications follows. Assume
please can you help me find the Interest Expense, Total Other Income and (Expenses) and Net Income.
The income statement for Texas Communications follows. Assume Texas Communications signed a three-month, 9%, $90,000 note on June 1, 2024,
Requirements
1. | Fill in the missing information for Texas year ended July 3131, 2024, income statement. Round to the nearest dollar. |
2. | Compute the times-interest-earned ratio for the company. Round to two decimals. |