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natta225 [31]
4 years ago
15

a company's income before interest expense and taxes is $250,000 and its interest expense is $100,000. its time interest earned

ratio is?​
Mathematics
1 answer:
meriva4 years ago
8 0

Answer:

Its times interest earned ratio is 2.5

Step-by-step explanation:

Math explanation: 250,000 divided by 100,000 is 2.5

Economic explanation: The amount of FICA tax that employers must pay is twice the amount of the FICA taxes withheld from their employees.

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