In the current year, Pringle Company reported sales of $1,420,000, interest expense of $12,000, income tax expense
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In the current year, Pringle Company reported sales of $1,420,000, interest expense of $12,000, income tax expense of $13,000, and net income of $52,000. What is Pringle’s times interest earned ratio?
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Related Book For
Financial Accounting
ISBN: 978-1259964947
10th edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
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