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Business, 27.11.2019 21:31 kaylee0424

Town company reported the following on its income statement: income before income taxes $750,000income tax expense 150,000net income $600,000an analysis of the income statement revealed that interest expense was $100,000. town company's times interest earned wasa. 7.5 times. b. 5 times. c. 6 times. d. 8.5 times.

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Town company reported the following on its income statement: income before income taxes $750,000inco...
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