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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 11: Current Liabilities and Payroll Accounting
  5. Question
    A Company Had Income Before Interest Expense and Income Taxes
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A Company Had Income Before Interest Expense and Income Taxes

Question 111

Question 111

Short Answer

A company had income before interest expense and income taxes of $186,000, and its interest expense is $55,000. Calculate the company's times interest earned ratio.

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