In Recent Year Cey Corporation Had Net Income of $250,000

question 69

Multiple Choice

In recent year Cey Corporation had net income of $250,000, interest expense of $50,000, and a times interest earned ratio of 9.What was Cey Corporation's income before taxes for the year?

• A)$500,000
• B)$450,000
• C)$400,000
• D)None of the above.

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Definitions:

User-created Identifier

A name defined by the programmer that represents variables, functions, or other entities within the code.

Enumeration

A user-defined data type in programming that consists of a set of named integer constants.

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A data type that represents whole numbers without fractional parts, used in programming languages for calculations and operations.