If a Company Had Net Income of $1,486,875 a Times

question 194

Multiple Choice

If a company had net income of $1,486,875 a times interest earned ratio of 4.0,a tax rate of 35%,and operating income of 3,050,000,what would the company's interest expense be for the year?

• A)$1,067,500
• B)$725,329
• C)$371,719
• D)$762,500
• E)$1,564,000

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One half of the brain, either the left or the right, each responsible for different functions and cognitive processes.

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