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Refer to the following selected financial Information from Shakley's Incorporated. Compute the company's times Interest earned for Year 2. Year 2 Year 1 Net sales
Refer to the following selected financial Information from Shakley's Incorporated. Compute the company's times Interest earned for Year 2. Year 2 Year 1 Net sales Cost of goods sold Interest expense Net income before tax Net income after tax Total assets Total llabilitles Total equity $484,500$427450 251,320 11,900 53,880 41,100 295,200 168,500 126,700 277,500 10,900 68,450 47,250 319,500 175,400 144,100 O 5.3. 6:3 O 73. 13:2 4.3
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