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Town Company reported the following on its income statement: Income before income taxes $750,000 Income tax expense 150,000 Net income $600,000 An analysis of the

Town Company reported the following on its income statement:

Income before income taxes	$750,000
Income tax expense	150,000
Net income	$600,000

An analysis of the income statement revealed that interest expense was $100,000. Town Company's times interest earned was

7.5 times.

5 times.

6 times.

8.5 times.

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