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From 2016 to 2017, Company A's times-interest-earned ratio showed which of the following? a favorable increase a favorable decrease an unfavorable increase an unfavorable decrease
From 2016 to 2017, Company A's times-interest-earned ratio showed which of the following?
- a favorable increase
- a favorable decrease
- an unfavorable increase
- an unfavorable decrease
- neither a favorable nor unfavorable increase or decrease
Please explain how you came up with this answer.
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