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  3. affluent limited reported the following on its inc

Affluent Limited reported the following on its income statement: Income before income tax $1,200,000 Income...

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Accounting

Affluent Limited reported the following on its income statement: Income before income tax $1,200,000 Income tax expense 380,000 Net income $820,000

Interest expense was $150,000. Affluent's times interest earned was

Question 52 options:

9 times.

8 times.

6.5 times.

5.5 times.

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