For the FY 2016, Alpha Company had net sales of $950,000 and net income of $55,000, paid income taxes of $25,000, and had before tax interest expense of $10,000.
For the FY 2016, Alpha Company had net sales of $950,000 and net income of $55,000, paid income
taxes of $25,000, and had before tax interest expense of $10,000. Use this information to determine the: (Round & enter your answers to one decimal place and enter the value.) Show your work!
1. Times Interest Earned Ratio
2. Profit Margin
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