A company had a fixed interest expense of $6,900, its income before interest expense and income taxes

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A company had a fixed interest expense of $6,900, its income before interest expense and income taxes is $18,600, and its net income is $9,000. The company's times interest earned ratio equals:

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Financial Reporting and Analysis Using Financial Accounting Information

ISBN: 978-1439080603

12th Edition

Authors: Charles H Gibson

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Posted Date: Jan 17, 2021 04:54 AM

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A company had a fixed interest expense of $6,900, its income before interest expense and income taxes

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Financial Reporting and Analysis Using Financial Accounting Information

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