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A firm has total interest charges of $12,000 per year, sales of $1 million, a tax rate of 40 percent, and a net profit margin
- A firm has total interest charges of $12,000 per year, sales of $1 million, a tax rate of 40 percent, and a net profit margin of 6 percent. What is the firm's times-interest-earned ratio?
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
