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Hsu Company reported the following on its income statement: Income before...

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Accounting

Hsu Company reported the following on its income statement:

Income before income taxes $338,155
Income tax expense 101,447
Net income $236,708

Interest expense was $74,442. Hsu Company's times interest earned ratio (rounded to two decimal places) is

a. 3.18 times

b. 2.18 times

c. 5.54 times

d. 4.54 times

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