McDaniel and Associates reported the following amounts on its 2025 income statement Year Ended December 31, 2025 Net income $130,500 Income tax expense 22,000 Interest expense 10,000 What was McDaniel and Associates ' times interest earned ratio for 2025 A 14 05 B 15 25 C 13 05 D 16 25 ...

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McDaniel and Associates reported the following amounts on its 2025 income statement: Year Ended December 31, 2025

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McDaniel and Associates reported the following amounts on its 2025 income statement:

	Year Ended December 31, 2025
Net income	$130,500
Income tax expense	22,000
Interest expense	10,000

What was McDaniel and Associates' times-interest-earned ratio for 2025?

A.14.05

B.15.25

C.13.05

D.16.25

Posted Date: May 18, 2024 10:05 PM

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McDaniel and Associates reported the following amounts on its 2025 income statement: Year Ended December 31, 2025

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