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16 You have the following financial information on Avatar inc. for the most recent fiscal year: interest expense was $5,450; sales were $95,000; depreciation expense
16 You have the following financial information on Avatar inc. for the most recent fiscal year: interest expense was $5,450; sales were $95,000; depreciation expense was $3,200; and operating costs were $44,308. What is the times interest earned ratio? 8.71 10.46 11.17 12.46 E) Cannot be determined from the information given
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