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(Solved): A company's interest expense is $8,000. Its income before interest expense and income taxes is $32,0 ...
A company's interest expense is $8,000. Its income before interest expense and income taxes is $32,000. Its net income is $9,600. The company's times interest earned ratio equals:
Select one:
a.
0.25.
b.
0.30.
c.
0.83.
d.
3.33.
e.
4.0.