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A company has hired you to analyze the financial extracts as provided below and compute the Times Interest Earned and Return on Invested Capital: Sales
A company has hired you to analyze the financial extracts as provided below and compute the Times Interest Earned and Return on Invested Capital: Sales Profit Margin Debt Equity Servicing cost on debt Tax rate Answer * $3,610,000 A 4% $650,000 $710,000 (a) 4.53 and 13.63% respectively. (b) 4.01 and 12.23% respectively. (c) 3.93 and 11.78% respectively. (d) 5.52 and 14.33% respectively. 9% 30%
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