Vukovich Company reported pretax income of $130,000 and interest expense of $30,000 for its most recent fiscal

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Vukovich Company reported pretax income of $130,000 and interest expense of $30,000 for its most recent fiscal year. What is the company's times interest earned if the tax rate is 30%?

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Contemporary Auditing

ISBN: 978-0357515402

12th Edition

Authors: Michael C Knapp

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Posted Date: Dec 19, 2023 07:24 AM

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Vukovich Company reported pretax income of $130,000 and interest expense of $30,000 for its most recent fiscal

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Contemporary Auditing

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