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Last year Jack Company had a net income of $270,000, income tax of $50,000, and an interest expense of $20,000. The company's times interest earned was closest to:A. 17.00B. 10.00C. 13.50D. 14.50
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Last year Jack Company had a net income of $270,000, income tax of $50,000, and an interest expense of $20,000. The company's times interest earned was closest to:A. 17.00B. 10.00C. 13.50D. 14.50

User Jake Cronin
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Answer:B

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User Brazh
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