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12. A firm has operating profit of $120,000 after deducting lease payments of $20,000. Interest expense is $40,000. What is the firm's fixed Charge coverage?

12. A firm has operating profit of $120,000 after deducting lease payments of $20,000. Interest expense is $40,000. What is the firm's fixed Charge coverage? A. 6.00X B. 4.00X C. 3.50x D. 2.33X

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