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Determine times interest earned ratio for frederick company

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Question 1: For the FY 2018, Frederick Company had net sales of $1,200,000 and net income of $90,000, paid income taxes of $17,500, and had before tax interest expense of $10,000. Use this information to determine the Times Interest Earned Ratio. (Round your answers to one decimal place)

Reference no: EM132660707

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