If a Company Had Income Before Interest and Taxes in the Amount

question 155

Multiple Choice

If a company had income before interest and taxes in the amount of $2,345,540 and a times interest earned ratio of 5.2,what would be the total amount of the company's interest expense?

• A)$451,065
• B)$320,185
• C)$121,968
• D)$275,840
• E)$230,000

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Definitions:

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