168. If Steve Company paid $820,000 in bonuses, and net income before bonus was $3,850,000, what was the bonus percentage offered to the employees during 2010?
169. If Jefferson Company paid a bonus equal to 6.5% of net income after bonuses and the total bonus distributed was $560,000, how much was net income for the year?
170. Cooper Company borrows $785,100 cash on November 1, 2010, by signing a 120-day, 8% note. What is the total amount of interest expense that Cooper will recognize in 2010?
171. If a company had net income of $3,003,000, interest expense of 400,000, a tax rate of 40%, and operating income of 5,405,000, what would the times interest earned ratio be for the company?