Rock Music Company Signed a 200-Day,5%,$5,000 Note on April 1,2018,and

question 95

Essay

Rock Music Company signed a 200-day,5%,$5,000 note on April 1,2018,and this was the only note payable for the company.Calculate the times-interest-earned ratio of Rock Music Company if its earnings before interest and taxes for the year ending December 31,2018,is $4,300.Round all calculations to two decimal places.(Use a 360-day year.)

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