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Zorn Inc. makes a sale for $410. The company is required to collect sales taxes amounting to 10%. What is the amount that will be
Zorn Inc. makes a sale for $410. The company is required to collect sales taxes amounting to 10%. What is the amount that will be credited to the Sales Tax Payable account? Multiple Choice $37 $205 $41 $45 Odessa Co. has current assets of $5.67 million and net income of $10.2 million. Current liabilities total $2.7 million, interest expense is $2.2 million, and income tax expense is $3.2 million. What is the times interest earned ratio for this company? (Round your final answer to 2 decimal places.) Multiple Choice 0.31. o 0.48. o 7.09. o 2.10. o
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