Compute the interest coverage ratios for 20 ( 7 and 20 ( 8 from the partial income
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20x8 20x7 Income from operations Interest expense 47,780 $36,920 11,600 6,600 Income before income taxes 36,180 $30,320 9,000 $25,380 $21,320 Income taxes Net income 10,800
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Related Book For
Principles of Accounting
ISBN: 978-0618736614
10th edition
Authors: Belverd Needles, Marian Powers, Susan Crosson
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