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7. if the gross profit is 25% from net sales 2,000,000$, total operation expenses is 10% from net sales, the net income is 40% from

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7. if the gross profit is 25% from net sales 2,000,000$, total operation expenses is 10% from net sales, the net income is 40% from gross profit, and the tax expense = 20,000$, the requires - calculate the time interest earned ratio? - what is measure this ratio? - give the judge and recommend if the IS = 5 times? (Non-anonymous question ) (7 points)

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