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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
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.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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7 years ago
Correct Slight Smile TY
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You make an excellent tutor!
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Thanks
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