Last year Mronza Majakathata (Pty) Ltd had a net income of R260 000, income tax expense of R58 000 and interest expense
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Last year Mronza Majakathata (Pty) Ltd had a net income of R260 000, income tax expense of R58 000 and interest expense
Last year Mronza Majakathata (Pty) Ltd had a net income of R260 000, income tax expense of R58 000 and interest expense of R20 000. The company's times interest earned ratio was: Select one: O A. 9.10 times O B. 14.00 times O C. 16.90 times D. 13.00 times
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