The following information was available for the year ended December 31, 2022: Required: Calculate the times interest
Question:
The following information was available for the year ended December 31, 2022:
Required:
Calculate the times interest earned for the year ended December 31, 2022.
Transcribed Image Text:
Earnings before interest and taxes (operating income) Interest expense... Net income..... $180,000 50,000 105,000
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