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What is arnold times-interest-earned ratio

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Reference no: EM132119511

Question - Arnold Electronics reported the following amounts on its 2016 income statement:

Year Ended December 31, 2016

Net income $ 49,000

Income tax expense 7,350

Interest expense 5,000

What is Arnold's times-interest-earned ratio for 2016?

Reference no: EM132119511

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