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In 2015 ABC Company had income of $200,000 and interest expense of $150,000. In 2016 ABC Company had income of $300,000 and interest expense of

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In 2015 ABC Company had income of $200,000 and interest expense of $150,000. In 2016 ABC Company had income of $300,000 and interest expense of $150,000. Please calculate the interest coverage ratio for both years and explain in which year ABC Company is better prepared to pay their interest expenses. Attach File Browse My Computer

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