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97. Use the selected balance sheet and income statement information below for Moonbeam, Inc. to compute the times-interest-earned ratio. Explain what information this ratio provides.
97. Use the selected balance sheet and income statement information below for Moonbeam, Inc. to compute the times-interest-earned ratio. Explain what information this ratio provides. Current Assets $24,300,450 Current Liabilities S17,004,800 Pretax IncomeInterest Expense $3,500,300 $1,137,500
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