In a Recent Year Luke Corporation Had Net Income of $250000

question 170

Multiple Choice

In a recent year Luke Corporation had net income of $250000 interest expense of $50000 and a times interest earned of 10. What was Luke Corporation's income before taxes for the year?

• A) $550000
• B) $500000
• C) $450000
• D) None of these answer choices are correct.

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Illicit Drug

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