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If a Company Had Income Before Interest and Taxes in the Amount

Question 155

Multiple Choice

If a company had income before interest and taxes in the amount of $2,345,540 and a times interest earned ratio of 5.2,what is the total amount of the company's interest expense?


A) $451,065
B) $320,185
C) $121,968
D) $275,840
E) $230,000

Correct Answer:

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