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What was Monty Corps times interest earned

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Reference no: EM132450011

Problem - In recent year Monty Corp. had net income of $152000, interest expense of $28700, and income tax expense of $41500. What was Monty Corp.'s times interest earned (rounded) for the year?

a. 7.74

b. 6.30

c. 6.74

d. 5.30

Reference no: EM132450011

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