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A company's net income after tax was $400,000 for its most recent year. The company's income statement included Income Tax Expense of $140,000 and Interest

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A company's net income after tax was $400,000 for its most recent year. The company's income statement included Income Tax Expense of $140,000 and Interest Expense of $60,000. At the beginning of the year the company's stockholders' equity was $1,900,000 and at the end of the year it was $2,100,000. 8. What is the times interest earned for the company? 9. What is the after-tax return on stockholder's equity for the year? 10. The debt to equity ratio is computed as: (Total Liabilities + Total

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