Crane Company's 2025 financial statements contain the following selected data: Income taxes Interest expense Net income $43000 20000 61000 Crane's times interest earned for 2025 is 3.1 times. 6.2 times. 5.2 times. 4.1 times.

Crane Company's 2025 financial statements contain the following selected data: Income taxes Interest expense Net income $43000 20000 61000 Crane's times interest earned for 2025 is 3.1 times. 6.2 times. 5.2 times. 4.1 times.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 3MC: Prince Corporations accounts provided the following information at December 31, 2019: What should be...

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Question

Crane Company's 2025 financial statements contain the following selected data:
Income taxes
Interest expense
Net income
$43000
20000
3.1 times.
6.2 times.
5.2 times.
4.1 times.
61000
Crane's times interest earned for 2025 is

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