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Gifford Limited Reported the Following on Its Income Statement

Question 73

Multiple Choice

Gifford Limited reported the following on its income statement: Gifford Limited reported the following on its income statement: Interest expense was $60,000. Gifford's times interest earned was A) 11 times. B) 10 times. C) 7 times. D) 3 times. Interest expense was $60,000. Gifford's times interest earned was


A) 11 times.
B) 10 times.
C) 7 times.
D) 3 times.

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