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Brief Exercise 167 Aire Corporation reports the following selected financial statement information at December 31, 2020: Total Liabilities Net income Interest Revenue Interest Expense Income

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Brief Exercise 167 Aire Corporation reports the following selected financial statement information at December 31, 2020: Total Liabilities Net income Interest Revenue Interest Expense Income Tax Expense $120,000 75,000 20,000 1,600 10 400 Calculate the debt to assets and times interest earned ratios. (Round answers to 1 decimal place, e.g. 10.5.) Times interest earned times

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