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The following selected information has been provided from the December 31, 2021 year-end results of Concord Company: Revenues - $1784000; Operating Expenses - $960000; Interest
The following selected information has been provided from the December 31, 2021 year-end results of Concord Company: Revenues - $1784000; Operating Expenses - $960000; Interest Expense - $40000; Income Tax Expense - $216800. The interest coverage ratio for Concord Company at December 31, 2021 would be
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