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Assume a company's Income Statement for Year 12 is as follows: Based on the above income statement data and the formula for calculating the interest

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Assume a company's Income Statement for Year 12 is as follows: Based on the above income statement data and the formula for calculating the interest coverage ratio presented on the Help section for p. 5 of the Footwear Industry Report, the company's interest coverage ratio is 5.00 38.66 3.50. 2.80. 6.00

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