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Exercise 9-16 Computing and interpreting times interest earned LO A1 Use the following information from separate companies a through d. a. b. C. d. Net
Exercise 9-16 Computing and interpreting times interest earned LO A1 Use the following information from separate companies a through d. a. b. C. d. Net Income (Loss) $198,000 192,600 168,300 201,100 Interest Expense $75, 240 63,558 37,026 12,066 Income Taxes $49,500 69,336 70,686 96,528 Compute times interest earned. Which company indicates the strongest ability to pay interest expense as it comes due? Complete this question by entering your answers in the tabs below. Times Interest Earned Ratio Interest Coverage Compute times interest earned. Times Interest Earned Ratio Company Choose Numerator: 1 Choose Denominator: = Ratio a / times b / times 1 times d 1 times
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