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E Franco Corporation reports the following selected financial statement information at December 21, 2008: Total Assets $89,000 Total Liabilities 65,000 Net Income 27,000 Interest Income

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E Franco Corporation reports the following selected financial statement information at December 21, 2008: Total Assets $89,000 Total Liabilities 65,000 Net Income 27,000 Interest Income Chapter 1,600 Interest Expense 900 Tax Expense 300 > Instructions Calculate the debt to total assets and times interest earned ratios

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