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Business, 17.04.2020 04:32 shaylawaldo11
Express Company reported sales of $770,000. Interest expense for the year amounted to $10,800; income tax expense, $33,000; and selling and administrative expense, $14,000. The company reported net income after taxes of $42,000. Compute the times interest earned ratio.
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Express Company reported sales of $770,000. Interest expense for the year amounted to $10,800; incom...
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