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The following selected data were taken from Magallado Company's income statement for the calendar year 200B: Net sales Gross income Interest expense Income tax
The following selected data were taken from Magallado Company's income statement for the calendar year 200B: Net sales Gross income Interest expense Income tax P334,000 103,600 Net income Gain on sale of a business segment, net of tax The number of times interest was earned in 200B was? 4,000 9,600 30,000 16,800
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