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Find times interest earned ratio for frederick company

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Reference no: EM132962159

Problem 1: For the FY 2018, Frederick Company had net sales of $950,000 and net income of $95,000, paid income taxes of $15,000, 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: EM132962159

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