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ABC Company has a total interest expense of $10,000, sales of $1 million, a tax rate of 40%, and net income (after taxes) of $60,000.
ABC Company has a total interest expense of $10,000, sales of $1 million, a tax rate of 40%, and net income (after taxes) of $60,000. What is this firm's times interest earned ratio?
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Money, Markets And Capital The Case For A Monetary Analysis
Authors: Jean Cartelier
1st Edition
0815355777, 9780815355779
