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Bluffinmuffin Bluffinmuffin
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9 months ago
The times interest earned ratio of Whitney Corporation is 3.0. The interest expense for the year is $21,000, and the corporation's tax rate is 40%. The corporation's after-tax net income must be:

▸ $63,000

▸ $25,200

▸ $30,000

▸ $42,000
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Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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chandlerdeanechandlerdeane
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