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A firm has total interest charges of $10,000 per yr, sales of $1m, tax rate of 40% and net profit margin of 6%. What is
- A firm has total interest charges of $10,000 per yr, sales of $1m, tax rate of 40% and net profit margin of 6%. What is the firms times-interest-earned ratio?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
