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Last Year Jason Company Had a Net Income of $250,000,income

Question 185

Multiple Choice

Last year Jason Company had a net income of $250,000,income tax expense of $78,000,and interest expense of $30,000.The company's times interest earned was closest to:


A) 4.73
B) 9.33
C) 11.93
D) 8.33

Correct Answer:

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