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For the most recent year, Seether, Inc., had sales of $452,000, cost of goods sold of $217,900, depreciation expense of $57,600, and additions to retained

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For the most recent year, Seether, Inc., had sales of $452,000, cost of goods sold of $217,900, depreciation expense of $57,600, and additions to retained earnings of $49,800. The firm currently has 37,000 shares of common stock outstanding, and the previous year's dividends per share were $1.35. Assuming a 30 percent income tax rate, what was the times interest earned ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Times interest earned times References eBook & Resources Worksheet Learning Objective: 03-02 Compute and

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