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21-11-2022
Business

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the fortune company reported the following income for year 2: sales $148,000 cost of goods sold 89,000 gross margin $59,000 selling and administrative expense 33,000 operating income $26,000 interest expense 6,800 income before taxes $19,200 income tax expense 5,760 net income $13,440 what is the company's number of times interest is earned ratio?

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