Refer to the following selected financial information from Graphics, Inc. Compute the company's times interest earned.
A) 6.2.
B) 2.5.
C) 8.7.
D) 9.7.
E) 3.7.
D) 9.7.
Explanation: Year 2: ($56,500 + $22,700 + $9,100)/$9,100 = 9.7
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Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false