Business, 26.11.2019 00:31 123martinnnnn

Ingram dog kennels had the following financial statistics for 2010: long-term debt $400,000 (average rate of interest is 8%) interest expense 35,000 net income 48,000 income tax 46,000 operating income 107,000 what is the times interest earned for 2010? a. 11.4 times b. 3.3 times c. 3.1 times d. 3.7 times e. none of the answers are correct

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Ingram dog kennels had the following financial statistics for 2010: long-term debt $400,000 (averag...

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