Exercise 9-12 Computing and interpreting times interest earned LO A1
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| Use the following information from separate companies a through f : |
| Net Income (Loss) | Interest Expense | Income Taxes | |||||||
| a. | $ | 180,000 | $ | 59,400 | $ | 45,000 | |||
| b. | 174,600 | 19,206 | 62,856 | ||||||
| c. | 183,100 | 9,155 | 87,888 | ||||||
| d. | 153,000 | 47,430 | 64,260 | ||||||
| e. | 117,000 | 11,700 | 44,460 | ||||||
| f. | (50,400) | 109,368 | 0 | ||||||
11 years ago
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