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Business, 18.03.2021 01:30 samarahbrown6050

Consider the following operating figures: Net sales $1,079,143 Cost and deductions: Cost of sales 792,755 Selling and administration 264,566 Interest expense, net 4,311 Income taxes 5,059 1,066,691 $ 12,452 Note: Depreciation expense totals $40,000. Required a. Compute the times interest earned. b. Compute the cash basis times interest earned.

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Consider the following operating figures: Net sales $1,079,143 Cost and deductions: Cost of sales 79...
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