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Use the present value and future value tables included in Appendix 8 and on the textbook companion website.
- Hakeem, Inc. reported the following data in its 2011 financial statements: total liabilities $38,400; total stockholders' equity, $19,200; net income, $4,320; income tax expense, $2,880; and interest expense, $2,400. The times interest earned ratio is
Circulatory Fluid
The fluid that circulates in the heart and blood vessels, carrying nutrients and oxygen to cells and removing waste products; primarily blood.
Open Circulatory System
System in which hemolymph leaves vessels and seeps among tissues before returning to the heart.
Hemolymph
A fluid equivalent to blood in most invertebrates, occupying the hemocoel and involved in transporting nutrients, wastes, and hormones.
Cardiac Muscle Cells
Specialized muscle cells found in the heart that contract to pump blood throughout the body, characterized by their striated appearance and intercalated discs.
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