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The following information was obtained from Quayle Company's income statement: Income before Interest and Income Tax Expense $ 685,000 Interest Expense 75,000 Income before Income

The following information was obtained from Quayle Company's income statement:

Income before Interest and Income Tax Expense $ 685,000

Interest Expense 75,000

Income before Income Tax Expense 610,000

Income Tax Expense 213,500

Net Income $ 396,500

What is the times interest earned ratio? Multiple Choice

5.29

9.13

1.73

8.13

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