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Desjardin Landscaping's Income Statement Reports Net Income of $75,300, Which

Question 140

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Desjardin Landscaping's income statement reports net income of $75,300, which includes deductions for interest expense of $11,500 and income taxes of $34,900. Its times interest earned is:


A) 0.15 times
B) 7.5 times
C) 10.6 times
D) 4.0 times
E) 6.5 times

Correct Answer:

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