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Sheffield Company reported the following on its income statement: Income before income taxes Income tax expense $790000 260000 $530000 Net Income An analysis of the

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Sheffield Company reported the following on its income statement: Income before income taxes Income tax expense $790000 260000 $530000 Net Income An analysis of the income statement revealed that interest expense was $100000. Sheffield Company's times interest earned was 5.3 times 8.9 times. 7.9 times 3.0 times

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