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Interest Coverage Ratio Calculation for AT&T Inc. : Compute the interest coverage ratio for AT&T Inc. for the fiscal year 2023 using the following information:

ยทInterest Coverage Ratio Calculation for AT&T Inc.:

Compute the interest coverage ratio for AT&T Inc. for the fiscal year 2023 using the following information:

  • Earnings Before Interest and Taxes (EBIT): $80,000,000
  • Interest Expense: $20,000,000

Requirement: Determine the interest coverage ratio for AT&T Inc. and assess its ability to meet interest payments with operating income.

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