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Last Year Javer Company Had a Net Income of $200,000,income

Question 101

Multiple Choice

Last year Javer Company had a net income of $200,000,income tax expense of $74,000,and interest expense of $20,000.The company's times interest earned was closest to:


A) 5.30 times.
B) 10.00 times.
C) 11.00 times.
D) 14.70 times.

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