For the FY 2018, Frederick Company had net sales of $800,000 and net income of $95,000, paid

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For the FY 2018, Frederick Company had net sales of $800,000 and net income of $95,000, paid income taxes of $30,000, and had before tax interest expense of $17,500. Use this information to determine the Times Interest Earned Ratio. Round your answers to one decimal place.

Posted Date: Nov 14, 2021 10:53 PM

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For the FY 2018, Frederick Company had net sales of $800,000 and net income of $95,000, paid

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