Creighton Company reported the following on the company's income statement for the year. Interest expense $600,000 Income before income tax expense 4,200,000 What is the times interest earned ratio? a. 7.0 b. 8.0 c. 6.0 d. None of these choices are correct.
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Home » Business » Creighton Company reported the following on the company's income statement for the year. Interest expense $600,000 Income before income tax expense 4,200,000 What is the times interest earned ratio? a. 7.0 b. 8.0 c. 6.0 d.