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allochka39001 [22]
3 years ago
6

A company's had fixed interest expense of $5,000, its income before interest expense and income taxes is $17,000, and its net in

come is $9,400. the company's times interest earned ratio equals:
Business
1 answer:
erica [24]3 years ago
7 0
<span>A company's had fixed interest expense of $5,000, its income before interest expense and income taxes is $17,000, and its net income is $9,400. the company's times interest earned ratio equals to 3.4 times. $17000 / $ 5000 = 3.4 times</span>
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