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Katula Company reported the following on the company's income statement in 2016 and 2015: 2016 2015 Interest expense $496,000 $595,200 Income before income tax expense 6,696,000 7,201,920.

a. Determine the number of times interest charges were earned for 2016 and 2015. Round to one decimal place.

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Computer Engineering, Engineering

Category:- Computer Engineering
Reference No.:- M92723212

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