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A company had sales of $475,000, cost of goods sold of $180,000, depreciation expense of $56,000, and net income of $100,500. The tax amount the
A company had sales of $475,000, cost of goods sold of $180,000, depreciation expense of $56,000, and net income of $100,500. The tax amount the firm paid was $50,000. The firm currently has 20,000 shares of common stock outstanding. The company's stock price is selling at $26.
A) how much interest did the firm pay?
B)What was the times interest earned ratio for the year?
C)What is the price-earnings ratio?
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