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    Fundamental Accounting Principles Study Set 6
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    Exam 11: Current Liabilities and Payroll Accounting
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    A Company's Income Before Interest Expense and Income Taxes Is
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A Company's Income Before Interest Expense and Income Taxes Is

Question 111

Question 111

Multiple Choice

A company's income before interest expense and income taxes is $350,000 and its interest expense is $100,000.Its times interest earned ratio is:


A) 0.29
B) 3.50
C) 2.50
D) 1.75
E) 0.50

Correct Answer:

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