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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 Income Taxes Is
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A Company's Income Before Interest Expense and Income Taxes Is

Question 89

Question 89

Short Answer

A company's income before interest expense and income taxes is $302,400, and its interest expense is $62,000. Calculate the company's times interest earned ratio.

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