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The following data pertain to Mahler Company's operations for the year ended December 31, 2017: Operating income $800,000 Interest expense 100,000 Income before income tax
The following data pertain to Mahler Company's operations for the year ended December 31, 2017: Operating income $800,000 Interest expense 100,000 Income before income tax 700,000 Income tax expense 210,000 Net income $490,000 The times interest earned ratio is
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