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Vintage Boutique Reported Interest Expense of $5,200,Income Tax Expense of $23,000

Question 110

Multiple Choice

Vintage Boutique reported Interest expense of $5,200,Income tax expense of $23,000 and Net income of $78,000.Vintage Boutique's interest coverage ratio is (rounded to two decimals) :


A) 19.42.
B) 0) 50.
C) 0) 05.
D) 20.42.

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