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The following data were taken from the financial records of Glum Corporation for 2017: Sales Bond interest expense Income taxes Net income $3,600,000 120,000 600,000
The following data were taken from the financial records of Glum Corporation for 2017: Sales Bond interest expense Income taxes Net income $3,600,000 120,000 600,000 800,000 Required: How many times was bond interest earned in 2017? (Round your answer to 2 decimal places.) Interest coverage times times
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