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    Fundamental Accounting Principles Study Set 1
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    Exam 11: Current Liabilities and Payroll Accounting
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    A Company's Income Before Interest Expense and Taxes Is $250,000
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A Company's Income Before Interest Expense and Taxes Is $250,000

Question 145

Question 145

True/False

A company's income before interest expense and taxes is $250,000 and its interest expense is
$100,000. Its times interest earned ratio is 2.5.

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