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Question
Hsu Company reported the following on its income statement:
Income before income taxes $420,000
Income tax expense 120,000
Net income $300,000
Interest expense was $80,000. Hsu Company's times interest earned ratio is
a. 8.00
b. 6.25
c. 5.25
d. 5.00
Answer
This answer is hidden. It contains 1 characters.
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