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Country Company Reported the Following on Its Income Statement

Question 102

Multiple Choice

Country Company reported the following on its income statement: 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. 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.

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