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Current Attempt in Progress Sheridan Company reported the following on its income statement: Income before income $579600 taxes Income tax expense Net income 161000 $418600

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Current Attempt in Progress Sheridan Company reported the following on its income statement: Income before income $579600 taxes Income tax expense Net income 161000 $418600 An analysis of the income statement revealed that interest expense was $84000. Sheridan Company's times interest earned was 6.9 times. 6.0 times. 5.0 times. 7.9 times

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