Here are some data for five companies in the same industry: Company Code A B C D
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Here are some data for five companies in the same industry:
Company Code A B C D E EBIT 10 30 100 3 80 Interest expense 5 15 50 2 1 You have been asked to calculate a measure of times-interest-earned for the industry. Discuss the possible ways that you might calculate such a measure. Does changing the method of calculation make a significant difference to the end result?
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