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The following data were abstracted from the financial records of the Comstock Mining Supplies (CMS) Corporation for Year 2: Sales $3,600,000 Interest Expense 120,000
The following data were abstracted from the financial records of the Comstock Mining Supplies (CMS) Corporation for Year 2: Sales $3,600,000 Interest Expense 120,000 Income Taxes 600,000 Net Income 800,000 How many times was interest earned in Year 2? 12.67 times 14.40 times 15.45 times 15.33 times
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
14th Edition
978-0132960649, 132960648, 132109174, 978-0132109178
