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In 20X4, C Co, reported a times interest earned ratio of 12.33 times while P Co. reported a ratio of 11.07 times. Which of the
In 20X4, C Co, reported a times interest earned ratio of 12.33 times while P Co. reported a ratio of 11.07 times. Which of the following statements is false? Multiple Choice C Corration about 11.3% higher than P Co's ratio Lenders would be pleased with the ratio of both companies and be willing to bend them money for future expansion OCCo in more Squier than P. Co. P Co. and Co have more than adequate ratios demonstrating their ability to cover interest charges with their camnings lovels
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