Question
ABC Company has sales of $500,000, COGS of $250,000, operating expenses of $200,000, net income of $15,000 and an inventory turnover of 5. What
ABC Company has sales of $500,000, COGS of $250,000, operating expenses of $200,000, net income of $15,000 and an inventory turnover of 5. What is the times interest ratio if ABC pays $10,000 interest? 1 2 4 3.
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