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FY 2018 Aco had net sales of $1,000,000 and net income of $60,000, paid income taxes of $17,000, and had before tax interest expense of $12,000

/in /by

Given:FY 2018 Aco had net sales of $1,000,000 and net income of $60,000, paid income taxes of $17,000, and

had before tax interest expense of $12,000

Determine:

Times Interest Earned Ratio

 
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