A companys income before interest expense and income taxes, Ask an Expert

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A company's income before interest expense and income taxes in 2010 and 2011 is $225,000 and $200,000, respectively. Its interest expense was $45,000 for both years. find out the company's times interest earned ratio for both years, and comment on its level of risk.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M950207

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