Arnold electronics reported the following amounts on its
Question - Arnold Electronics reported the following amounts on its 2016 income statement:
Year Ended December 31, 2016
Net income $ 49,000
Income tax expense 7,350
Interest expense 5,000
What is Arnold's times-interest-earned ratio for 2016?
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question - arnold electronics reported the following amounts on its 2016 income statementyear ended december 31 2016net
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