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For the FY 2018, Frederick Company had net sales of $1,100,000 and net income of $95,000, paid income taxes of $27,500 and had before tax interest expense of $17,500. Use this to determine the Times Interest Earned Ratio

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For the FY 2018, Frederick Company had net sales of $1,100,000 and net income of $95,000, paid income taxes of

$27,500 and had before tax interest expense of $17,500. Use this to determine the Times Interest Earned Ratio

 
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