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Q45: Assume earnings before interest and taxes of $56,850 and net income of $23,954. The tax rate is 30 percent. What is the times interest

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Q45: Assume earnings before interest and taxes of $56,850 and net income of $23,954. The tax rate is 30 percent. What is the times interest earned ratio? A. 1.51 B. 1.73 C. 2.37 D. 2.47 E. 2.51

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