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A company’s fixed interest expense is $8,000; its income before interest expense and income tax is $32, 000. its net income is $9,600. the company’s time interest earned ratio e…

A company’s fixed interest expense is $8,000; its income before interest expense and income tax is $32, 000. its net income is $9,600. the company’s time interest earned ratio e…
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a company’s fixed interest expense is $8,000; its income before interest expense and income tax is $32, 000. its net income is $9,600. the company’s time interest earned ratio equals?

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User Ludyem
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1 Answer

3 votes
. The company's times interest earned ratio equals: 4.0
answered
User Jens Zalzala
by
7.8k points
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