Country Company Reported the Following on Its Income Statement An Analysis of the Income Statement Revealed That Interest Expense
Country Company reported the following on its income statement: An analysis of the income statement revealed that interest expense was $100,000.Country Company's times interest earned was
A) 3.4 times.
B) 9.5 times.
C) 6.5 times.
D) 8.5 times.
Correct Answer:
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