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5. Aron wants to expand his farming business but needs additional funding. He applies for a loan at a bank, which naturally asks for his

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5. Aron wants to expand his farming business but needs additional funding. He applies for a loan at a bank, which naturally asks for his financial statements. His EBIT is $60,000, $16,000 in interest and $14,000 in taxes. What is Aron's interest coverage ratio? (1 Point) 3.75 0 5.63 2.75 7.75 None of the above

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