The following data come from the financial records of Jordan Corporation for Year 3. ...
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Accounting
The following data come from the financial records of Jordan Corporation for Year 3.
| Sales | $845,000 |
|---|---|
| Interest expense | 5,900 |
| Income tax expense | 29,000 |
| Net income | 24,500 |
Required How many times was interest earned in Year 3? (Round your answer to 2 decimal places.)
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