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Selected income statement data follow for Harper, Inc., for the year ended December 31 (in thousands). What is the company's times interest earned ratio? Income
Selected income statement data follow for Harper, Inc., for the year ended December 31 (in thousands). What is the company's times interest earned ratio?
Income Before Provision for Income Taxes: $1,025,959
Interest Expense= $29,670
Statutory taz rate= 37%
Provision for income taxes= $332,410
Net income= $693,548
a) 34.6
b) 24.4
c) 35.6
d) 11.2
e) None of these are correct
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