Answered: In the recent year Hill Corporation had…

Name: In the recent year Hill Corporation had net income of $140,000,intere
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Description: In the recent year Hill Corporation had net income of $140,000,interest expense of $40,000, and tax expense of $20,000. What wasHill Corporation's times interest earned ratio for the year?Select one:О а. 4.0O a.ОБ. 3.5Ob.3.0d.5.0

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In the recent year Hill Corporation had net income of $140,000, interest expense of $40,000, and tax expense of $20,000. What was Hill Corporation's times interest earned ratio for the year?

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter17: Corporations: Introduction And Operating Rules

Section: Chapter Questions

Problem 1BCRQ

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